SRAT – Surat Trade and Mercantile Ltd
Surat Trade and Mercantile Ltd is not Shariah Compliant because of its involvement in Securities & Commodity Exchanges and related activities.
Result: Not Compliant
BAID – Baid Finserv Ltd
Baid Finserv Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
LAGN – Lagnam Spintex Ltd
Lagnam Spintex Ltd is not Shariah Compliant because it fails the financial ratios.
HDIL – Housing Development and Infrastructure Ltd
Housing Development and Infrastructure Ltd is not Shariah Compliant because it fails the financial ratios.
FYNX – FYNX Capital Ltd
FYNX Capital Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
IISL – Indian Infotech and Software Ltd
Indian Infotech and Software Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
DHAC – Dharni Capital Services Ltd
Dharni Capital Services Ltd is not Shariah Compliant because of its involvement in Investment Management and related activities.
BCPL – BCPL Railway Infrastructure Ltd
BCPL Railway Infrastructure Ltd is not Shariah Compliant because it fails the financial ratios.
PURW – Purple Wave Infocom Ltd
Purple Wave Infocom Ltd is not Shariah Compliant because of its involvement in Entertainment Production (NEC) and related activities.
FUND – Fundviser Capital (India) Ltd
Fundviser Capital (India) Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.