NISU – Nisus Finance Services Co Ltd
Nisus Finance Services Co Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
Result: Not Compliant
STCI – State Trading Corporation of India Ltd
State Trading Corporation of India Ltd is not Shariah Compliant because it fails the financial ratios.
SRMA – Shriram Asset Management Co Ltd
Shriram Asset Management Co Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
CSLF – CSL Finance Ltd
CSL Finance Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
VIFA – Vishal Fabrics Ltd
Vishal Fabrics Ltd is not Shariah Compliant because it fails the financial ratios.
ANDC – Andhra Cements Ltd
Andhra Cements Ltd is not Shariah Compliant because it fails the financial ratios.
GFLL – GFL Ltd
GFL Ltd is not Shariah Compliant because of its involvement in Motion Picture Theaters (except Drive-Ins) and related activities.
PAVE – Praveg Ltd
Praveg Ltd is not Shariah Compliant because of its involvement in Hotels (except Casino Hotels) and Motels and related activities.
SHIV – Shiva Cement Ltd
Shiva Cement Ltd is not Shariah Compliant because it fails the financial ratios.
UITF – United Foodbrands Ltd
United Foodbrands Ltd is not Shariah Compliant because of its involvement in Hotels (except Casino Hotels) and Motels and related activities.