MHSC – Maharashtra Scooters Ltd

Maharashtra Scooters Ltd is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.

CFSL – Choice International Ltd

Choice International Ltd is not Shariah Compliant because of its involvement in Diversified Investment Services and related activities.

RATB – RBL Bank Ltd

RBL Bank Ltd is not Shariah Compliant because of its involvement in Corporate Banks and related activities.

CTBK – City Union Bank Ltd

City Union Bank Ltd is not Shariah Compliant because of its involvement in Corporate Banks and related activities.