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    Country: India

    GSFN – Gujarat State Financial Corp

    Gujarat State Financial Corp is not Shariah Compliant because of its involvement in Commercial Loans and related activities.

    CLAA – Clara Industries Ltd

    Clara Industries Ltd is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

    PRVA – Parvati Sweetners and Power Ltd

    Parvati Sweetners and Power Ltd is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

    FONB – Fonebox Retail Ltd

    Fonebox Retail Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

    BHIS – Bhilwara Spinners Ltd

    Bhilwara Spinners Ltd is not Shariah Compliant because it fails the financial ratios.

    IDET – Ideal Technoplast Industries Ltd

    Ideal Technoplast Industries Ltd is Shariah Compliant. It passes 1/5 Shariah standards we screen against.

    OLAT – Olatech Solutions Ltd

    Olatech Solutions Ltd is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

    SHER – Shervani Industrial Syndicate Ltd

    Shervani Industrial Syndicate Ltd is Shariah Compliant. It passes 2/5 Shariah standards we screen against.

    TECC – Technichem Organics Ltd

    Technichem Organics Ltd is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

    SELM – Sel Manufacturing Company Ltd

    Sel Manufacturing Company Ltd is not Shariah Compliant because it fails the financial ratios.

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    • Bombay Stock Exchange (2,845)
    • National Stock Exchange of India (2,818)
    • NYSE (1,969)
    • Australian Stock Exchange Ltd (1,683)

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    • 2025 (28,791)
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    RaqabaIQ delivers intelligent, transparent, and auditable Shariah compliance solutions—built for modern finance.