BMBK – Bank of Maharashtra Ltd
Bank of Maharashtra Ltd is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
Result: Not Compliant
ALTU – Altius Telecom Infrastructure Trust
Altius Telecom Infrastructure Trust is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
MAXI – Max Financial Services Ltd
Max Financial Services Ltd is not Shariah Compliant because of its involvement in Life & Health Insurance (NEC) and related activities.
MOFS – Motilal Oswal Financial Services Ltd
Motilal Oswal Financial Services Ltd is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.
MCEI – Multi Commodity Exchange of India Ltd
Multi Commodity Exchange of India Ltd is not Shariah Compliant because of its involvement in Securities & Commodity Exchanges and related activities.
NIPF – Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd is not Shariah Compliant because of its involvement in Investment Management and related activities.
BARA – Bharat Dynamics Ltd
Bharat Dynamics Ltd is not Shariah Compliant because of its involvement in Aerospace & Defense (NEC) and related activities.
SNFN – Sundaram Finance Ltd
Sundaram Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
HDBF – HDB Financial Services Ltd
HDB Financial Services Ltd is not Shariah Compliant because of its involvement in Commercial Loans and related activities.
FED – Federal Bank Ltd
Federal Bank Ltd is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.