BILO – Billionbrains Garage Ventures Ltd
Billionbrains Garage Ventures Ltd is not Shariah Compliant because of its involvement in Investing and related activities.
Result: Not Compliant
ICIR – ICICI Prudential Life Insurance Company Ltd
ICICI Prudential Life Insurance Company Ltd is not Shariah Compliant because of its involvement in Life Insurance and related activities.
SBIC – SBI Cards and Payment Services Ltd
SBI Cards and Payment Services Ltd is not Shariah Compliant because of its involvement in Consumer Credit Cards Services and related activities.
JSWE – JSW Energy Ltd
JSW Energy Ltd is not Shariah Compliant because it fails the financial ratios.
PAYT – One 97 Communications Ltd
One 97 Communications Ltd is not Shariah Compliant because of its involvement in Financial Transactions Processing, Reserve, and Clearinghouse Activities and related activities.
BAJO – Bajaj Housing Finance Ltd
Bajaj Housing Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
ASOK – Ashok Leyland Ltd
Ashok Leyland Ltd is not Shariah Compliant because it fails the financial ratios.
MAZG – Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shipbuilders Ltd is not Shariah Compliant because of its involvement in Aerospace & Defense (NEC) and related activities.
ICIL – ICICI Lombard General Insurance Company Ltd
ICICI Lombard General Insurance Company Ltd is not Shariah Compliant because of its involvement in Multiline Insurance & Brokers (NEC) and related activities.
IDBI – IDBI Bank Ltd
IDBI Bank Ltd is not Shariah Compliant because of its involvement in Corporate Banks and related activities.