UNSP – United Spirits Ltd
United Spirits Ltd is not Shariah Compliant because of its involvement in Distilleries and related activities.
Result: Not Compliant
ADTB – Aditya Birla Capital Ltd
Aditya Birla Capital Ltd is not Shariah Compliant because of its involvement in Multiline Insurance & Brokers (NEC) and related activities.
IHTL – Indian Hotels Company Ltd
Indian Hotels Company Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.
VODA – Vodafone Idea Ltd
Vodafone Idea Ltd is not Shariah Compliant because it fails the financial ratios.
ADAI – Adani Energy Solutions Ltd
Adani Energy Solutions Ltd is not Shariah Compliant because it fails the financial ratios.
BSEL – BSE Ltd
BSE Ltd is not Shariah Compliant because of its involvement in Securities & Commodity Exchanges and related activities.
PWFC – Power Finance Corporation Ltd
Power Finance Corporation Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.
GMRI – GMR Airports Ltd
GMR Airports Ltd is not Shariah Compliant because it fails the financial ratios.
HDFA – HDFC Asset Management Company Ltd
HDFC Asset Management Company Ltd is not Shariah Compliant because of its involvement in Investment Management and related activities.
INBA – Indian Bank
Indian Bank is not Shariah Compliant because of its involvement in Corporate Banks and related activities.