SARE – Saregama India Ltd
Saregama India Ltd is not Shariah Compliant because of its involvement in Movie, TV Production & Distribution and related activities.
Result: Not Compliant
DIBL – Dilip Buildcon Ltd
Dilip Buildcon Ltd is not Shariah Compliant because it fails the financial ratios.
RELG – Religare Enterprises Ltd
Religare Enterprises Ltd is not Shariah Compliant because of its involvement in Health Insurance and related activities.
KBNK – Karnataka Bank Ltd
Karnataka Bank Ltd is not Shariah Compliant because of its involvement in Corporate Banks and related activities.
GMRP – GMR Power and Urban Infra Ltd
GMR Power and Urban Infra Ltd is not Shariah Compliant because it fails the financial ratios.
WEWO – WeWork India Management Ltd
WeWork India Management Ltd is not Shariah Compliant because it fails the financial ratios.
ALOK – Alok Industries Ltd
Alok Industries Ltd is not Shariah Compliant because it fails the financial ratios.
ASTM – Astra Microwave Products Ltd
Astra Microwave Products Ltd is not Shariah Compliant because of its involvement in Defense and related activities.
BAAC – Bengal & Assam Company Ltd
Bengal & Assam Company Ltd is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.
TAMI – Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Ltd is not Shariah Compliant because of its involvement in Corporate Banks and related activities.