SPIL – Spenta International Ltd
Spenta International Ltd is not Shariah Compliant because it fails the financial ratios.
Result: Not Compliant
ESRI – Esaar (India) Ltd
Esaar (India) Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
MEWH – Mewar Hi-Tech Engineering Ltd
Mewar Hi-Tech Engineering Ltd is not Shariah Compliant because it fails the financial ratios.
MUNF – Munoth Financial Services Ltd
Munoth Financial Services Ltd is not Shariah Compliant because of its involvement in Brokerage Services and related activities.
VISG – Visagar Financial Services Ltd
Visagar Financial Services Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
LWSK – LWS Knitwear Ltd
LWS Knitwear Ltd is not Shariah Compliant because it fails the financial ratios.
YORK – York Exports Ltd
York Exports Ltd is not Shariah Compliant because it fails the financial ratios.
REVE – Reliable Ventures India Ltd
Reliable Ventures India Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.
CILS – CIL Securities Ltd
CIL Securities Ltd is not Shariah Compliant because of its involvement in Brokerage Services and related activities.
VAMA – VAMA Industries Ltd
VAMA Industries Ltd is not Shariah Compliant because it fails the financial ratios.