Not Compliant – Page 346

PICC – Piccadily Sugar and Allied Industries Ltd

Piccadily Sugar and Allied Industries Ltd is not Shariah Compliant because of its involvement in Distilleries and related activities.

Safa Systems & Technologies Ltd is not Shariah Compliant because it fails the financial ratios.

Bhandari Hosiery Exports Ltd is not Shariah Compliant because it fails the financial ratios.

ODigMa Consultancy Solutions Ltd is not Shariah Compliant because of its involvement in Digital Media Agencies and related activities.

Gujarat State Financial Corp is not Shariah Compliant because of its involvement in Commercial Loans and related activities.

Digikore Studios Ltd is not Shariah Compliant because of its involvement in Entertainment Production (NEC) and related activities.

Bhilwara Spinners Ltd is not Shariah Compliant because it fails the financial ratios.

Aksh Optifibre Ltd is not Shariah Compliant because it fails the financial ratios.

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

Sel Manufacturing Company Ltd is not Shariah Compliant because it fails the financial ratios.