SMAR – Smart Finsec Ltd

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

KHOB – Khoobsurat Ltd

Khoobsurat Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.

VALD – Valencia India Ltd

Valencia India Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.