SBFC – SBFC Finance Ltd
SBFC Finance Ltd is not Shariah Compliant because of its involvement in Microfinancing and related activities.
Result: Not Compliant
SMMN – Sammaan Capital Ltd
Sammaan Capital Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
PCBL – PCBL Chemical Ltd
PCBL Chemical Ltd is not Shariah Compliant because it fails the financial ratios.
ZETE – Zen Technologies Ltd
Zen Technologies Ltd is not Shariah Compliant because of its involvement in Aerospace & Defense (NEC) and related activities.
ACMO – ACME Solar Holdings Ltd
ACME Solar Holdings Ltd is not Shariah Compliant because it fails the financial ratios.
NIVA – Niva Bupa Health Insurance Company Ltd
Niva Bupa Health Insurance Company Ltd is not Shariah Compliant because of its involvement in Health Insurance and related activities.
LEEA – Leela Palaces Hotels & Resorts Ltd
Leela Palaces Hotels & Resorts Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.
LEMO – Lemon Tree Hotels Ltd
Lemon Tree Hotels Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.
JMSH – JM Financial Ltd
JM Financial Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
IIAN – Indian Energy Exchange Ltd
Indian Energy Exchange Ltd is not Shariah Compliant because of its involvement in Securities & Commodity Exchanges and related activities.