In the 2005 season Mashʼal finished runners-up in League after Pakhtakor which is club's highest achievement in history.

Mash'al made its debut in AFC Champions League in March 2006, but finished its participation in group stage.

At the end of 2012 the club ranked 13th and relegated to First League, after playing 11 non-break seasons in top division.

One year later, in 2013 with new coach Alexander Khomyakov they gained promotion back to top division.

In 1992–1998, for the club played superstars of Uzbek and world football: Murad Ashurbekov, Anton Darchiev, Komil Yagmirov, Namik and others Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.