Result: Not Compliant

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

Bajaj Global Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.

Shikhar Leasing and Trading Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.

Jumbo Finance Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.

Meenakshi Steel Industries Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.

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