VSTI – VST Industries Ltd
VST Industries Ltd is not Shariah Compliant because of its involvement in Cigars & Cigarette Manufacturing and related activities.
Result: Not Compliant
IDIB – Indiabulls Ltd
Indiabulls Ltd is not Shariah Compliant because it fails the financial ratios.
SPJT – Spicejet Ltd
Spicejet Ltd is not Shariah Compliant because it fails the financial ratios.
PTCI – PTC India Ltd
PTC India Ltd is not Shariah Compliant because it fails the financial ratios.
ROAS – Roadstar Infra Investment Trust
Roadstar Infra Investment Trust is not Shariah Compliant because of its involvement in Other Financial Vehicles and related activities.
SHOP – Shoppers Stop Ltd
Shoppers Stop Ltd is not Shariah Compliant because it fails the financial ratios.
TART – Tarc Ltd
Tarc Ltd is not Shariah Compliant because it fails the financial ratios.
CREI – CARE Ratings Ltd
CARE Ratings Ltd is not Shariah Compliant because of its involvement in Credit Bureaus and related activities.
ZAGG – Zaggle Prepaid Ocean Services Ltd
Zaggle Prepaid Ocean Services Ltd is not Shariah Compliant because of its involvement in Financial Transactions Processing, Reserve, and Clearinghouse Activities and related activities.
ITDC – India Tourism Development Corp Ltd
India Tourism Development Corp Ltd is not Shariah Compliant because of its involvement in Hotels & Motels and related activities.