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    Result: Not Compliant

    FORG – Forge Auto International Ltd

    Forge Auto International Ltd is not Shariah Compliant because it fails the financial ratios.

    MAIE – Maiden Forgings Ltd

    Maiden Forgings Ltd is not Shariah Compliant because it fails the financial ratios.

    SAMA – Samrat Forgings Ltd

    Samrat Forgings Ltd is not Shariah Compliant because it fails the financial ratios.

    MANY – Mangalam Alloys Ltd

    Mangalam Alloys Ltd is not Shariah Compliant because it fails the financial ratios.

    SRGI – Shri Gang Industries and Allied Products Ltd

    Shri Gang Industries and Allied Products Ltd is not Shariah Compliant because it fails the financial ratios.

    SIMR – Simmonds Marshall Ltd

    Simmonds Marshall Ltd is not Shariah Compliant because it fails the financial ratios.

    SIRS – Sir Shadi Lal Enterprises Ltd

    Sir Shadi Lal Enterprises Ltd is not Shariah Compliant because it fails the financial ratios.

    SKPM – Shree Krishna Paper Mills & Industries Ltd

    Shree Krishna Paper Mills & Industries Ltd is not Shariah Compliant because of its involvement in Interest-based Finance and related activities.

    CAPR – Caprihans India Ltd

    Caprihans India Ltd is not Shariah Compliant because it fails the financial ratios.

    ASCM – Ascom Leasing & Investments Ltd

    Ascom Leasing & Investments Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.

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    RaqabaIQ delivers intelligent, transparent, and auditable Shariah compliance solutions—built for modern finance.