UNBK – Union Bank of India Ltd
Union Bank of India Ltd is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
Result: Not Compliant
TTPW – Tata Power Company Ltd
Tata Power Company Ltd is not Shariah Compliant because it fails the financial ratios.
PNBK – Punjab National Bank
Punjab National Bank is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
TATC – Tata Capital Ltd
Tata Capital Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
BJAT – Bajaj Holdings and Investment Ltd
Bajaj Holdings and Investment Ltd is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.
CHLA – Cholamandalam Investment and Finance Company Ltd
Cholamandalam Investment and Finance Company Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
BOB – Bank of Baroda Ltd
Bank of Baroda Ltd is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
MUTT – Muthoot Finance Ltd
Muthoot Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
CNBK – Canara Bank Ltd
Canara Bank Ltd is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
SHMF – Shriram Finance Ltd
Shriram Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.