India – Page 61

IGCI – IGC Industries Ltd

IGC Industries Ltd is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

Kinetic Trust Ltd is not Shariah Compliant because of its involvement in Commercial Loans and related activities.

Mount Housing and Infrastructure Ltd is not Shariah Compliant because it fails the financial ratios.

Raama Paper Mills Ltd is not Shariah Compliant because it fails the financial ratios.

NB Footwear Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

Shree Hanuman Sugar & Industries Ltd is not Shariah Compliant because of its involvement in Shell Companies and related activities.

Inani Securities Ltd is not Shariah Compliant because of its involvement in Brokerage Services and related activities.

Risa International Ltd is not Shariah Compliant because it fails the financial ratios.

Money Masters Leasing and Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.

Shantai Industries Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.