MUSI – Music Broadcast Ltd
Music Broadcast Ltd is not Shariah Compliant because of its involvement in Radio Broadcasting and related activities.
Result: Not Compliant
SHDH – Shradha Infraprojects Ltd
Shradha Infraprojects Ltd is not Shariah Compliant because it fails the financial ratios.
ESPI – Espire Hospitality Ltd
Espire Hospitality Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.
PUNE – Pune E – Stock Broking Ltd
Pune E – Stock Broking Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
ANCM – Anjani Portland Cement Ltd
Anjani Portland Cement Ltd is not Shariah Compliant because it fails the financial ratios.
DSMF – DSM Fresh Foods Ltd
DSM Fresh Foods Ltd is not Shariah Compliant because of its involvement in Meat Processing and related activities.
CUPD – Cupid Breweries and Distilleries Ltd
Cupid Breweries and Distilleries Ltd is not Shariah Compliant because of its involvement in Brewers (NEC) and related activities.
KHAD – Khadim India Ltd
Khadim India Ltd is not Shariah Compliant because it fails the financial ratios.
BOXY – Bombay Oxygen Investments Ltd
Bombay Oxygen Investments Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
EMMI – Emami Realty Ltd
Emami Realty Ltd is not Shariah Compliant because it fails the financial ratios.