ACEG – Ace Engitech Ltd
Ace Engitech Ltd is not Shariah Compliant because of its involvement in Shell Companies and related activities.
Result: Not Compliant
SVAR – Svaraj Trading and Agencies Ltd
Svaraj Trading and Agencies Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
KUWE – Kuwer Industries Ltd
Kuwer Industries Ltd is not Shariah Compliant because it fails the financial ratios.
BFLA – BFL Asset Finvest Ltd
BFL Asset Finvest Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
CHMI – Chemiesynth (Vapi) Ltd
Chemiesynth (Vapi) Ltd is not Shariah Compliant because it fails the financial ratios.
VNIC – Vani Commercials Ltd
Vani Commercials Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
ENCA – Encash Entertainment Ltd
Encash Entertainment Ltd is not Shariah Compliant because of its involvement in Entertainment Production (NEC) and related activities.
TRUV – Trustwave Securities Ltd
Trustwave Securities Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
DAPS – DAPS Advertising Ltd
DAPS Advertising Ltd is not Shariah Compliant because of its involvement in Advertising Agency and related activities.
KUSI – Kush Industries Ltd
Kush Industries Ltd is not Shariah Compliant because it fails the financial ratios.