DENN – DEN Networks Ltd
DEN Networks Ltd is not Shariah Compliant because of its involvement in Cable Service Providers and related activities.
Result: Not Compliant
JINP – Jindal Photo Ltd
Jindal Photo Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
SMCG – SMC Global Securities Ltd
SMC Global Securities Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
DAMC – DAM Capital Advisors Ltd
DAM Capital Advisors Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
AHIK – Ashika Credit Capital Ltd
Ashika Credit Capital Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
BFIN – BF Investment Ltd
BF Investment Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
SNGI – Sanghi Industries Ltd
Sanghi Industries Ltd is not Shariah Compliant because it fails the financial ratios.
SATR – Satin Creditcare Network Ltd
Satin Creditcare Network Ltd is not Shariah Compliant because of its involvement in Microfinancing and related activities.
ARLF – Arman Financial Services Ltd
Arman Financial Services Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
MSTT – Master Trust Ltd
Master Trust Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.