FROL – Frontier Capital Ltd
Frontier Capital Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
Result: Not Compliant
EXPF – Explicit Finance Ltd
Explicit Finance Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
DHAA – Dhanada Corporation Ltd
Dhanada Corporation Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.
JMDV – JMD Ventures Ltd
JMD Ventures Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
PARA – Parmax Pharma Ltd
Parmax Pharma Ltd is not Shariah Compliant because it fails the financial ratios.
SVTA – S V Trading and Agencies Ltd
S V Trading and Agencies Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
ZINE – Zinema Media and Entertainment Ltd
Zinema Media and Entertainment Ltd is not Shariah Compliant because of its involvement in Movie, TV Production & Distribution and related activities.
FCUS – First Custodian Fund (India) Ltd
First Custodian Fund (India) Ltd is not Shariah Compliant because of its involvement in Brokerage Services and related activities.
SHYD – Shrydus Industries Ltd
Shrydus Industries Ltd is not Shariah Compliant because of its involvement in Securities & Commodity Exchanges and related activities.
MKTC – Market Creators Ltd
Market Creators Ltd is not Shariah Compliant because of its involvement in Brokerage Services and related activities.