Not Compliant – Page 329

GLDN – Golden Tobacco Ltd

Golden Tobacco Ltd is not Shariah Compliant because of its involvement in Tobacco (NEC) and related activities.

Future Market Networks Ltd is not Shariah Compliant because it fails the financial ratios.

Swastik Pipe Ltd is not Shariah Compliant because it fails the financial ratios.

Spice Islands Industries Ltd is not Shariah Compliant because of its involvement in Hotels & Motels and related activities.

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

Nexome Capital Markets Ltd is not Shariah Compliant because of its involvement in Merchant Banks and related activities.

Swashthik Plascon Ltd is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.

Rukmani Devi Garg Agro Impex Ltd is not Shariah Compliant because it fails the financial ratios.

ARC Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.

Binny Mills Ltd is not Shariah Compliant because it fails the financial ratios.