HBSH – HB Stockholdings Ltd
HB Stockholdings Ltd is not Shariah Compliant because of its involvement in Brokerage Services and related activities.
Result: Not Compliant
NCRF – NCL Research and Financial Services Ltd
NCL Research and Financial Services Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
GDRU – Godavari Drugs Ltd
Godavari Drugs Ltd is not Shariah Compliant because it fails the financial ratios.
SARU – Sarup Industries Ltd
Sarup Industries Ltd is not Shariah Compliant because it fails the financial ratios.
JNHT – Jindal Hotels Ltd
Jindal Hotels Ltd is not Shariah Compliant because of its involvement in Hotels & Motels and related activities.
INSI – Insilco Ltd
Insilco Ltd is not Shariah Compliant because of its involvement in Shell Companies and related activities.
MDSE – Madhusudan Securities Ltd
Madhusudan Securities Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
BRCL – Burnpur Cement Ltd
Burnpur Cement Ltd is not Shariah Compliant because it fails the financial ratios.
PENO – Pentagon Rubber Ltd
Pentagon Rubber Ltd is not Shariah Compliant because it fails the financial ratios.
SAIC – Sai Capital Ltd
Sai Capital Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.