CHRM – Charms Industries Ltd

Charms Industries Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.

SIPR – SIP Industries Ltd

SIP Industries Ltd is not Shariah Compliant because of its involvement in Shell Companies and related activities.

NEOG – Neogem India Ltd

Neogem India Ltd is not Shariah Compliant because of its involvement in Shell Companies and related activities.