IMBS – Indbank Merchant Banking Services Ltd
Indbank Merchant Banking Services Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
Result: Not Compliant
UPIF – Upsurge Investment and Finance Ltd
Upsurge Investment and Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
CREE – Credent Global Finance Ltd
Credent Global Finance Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
SHSI – Shahlon Silk Industries Ltd
Shahlon Silk Industries Ltd is not Shariah Compliant because it fails the financial ratios.
AIRO – Airo Lam Ltd
Airo Lam Ltd is not Shariah Compliant because it fails the financial ratios.
NRVA – N R Vandana Tex Industries Ltd
N R Vandana Tex Industries Ltd is not Shariah Compliant because it fails the financial ratios.
RLIB – Reliable Data Services Ltd
Reliable Data Services Ltd is not Shariah Compliant because of its involvement in Financial Transactions Processing, Reserve, and Clearinghouse Activities and related activities.
AUSM – Ausom Enterprise Ltd
Ausom Enterprise Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
SIPM – South India Paper Mills Ltd
South India Paper Mills Ltd is not Shariah Compliant because it fails the financial ratios.
MANL – Manaksia Aluminium Co Ltd
Manaksia Aluminium Co Ltd is not Shariah Compliant because it fails the financial ratios.