SBI – State Bank of India
State Bank of India is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
Result: Not Compliant
FULL – Full Apex (Holdings) Ltd
Full Apex (Holdings) Ltd is not Shariah Compliant because it fails the financial ratios.
TINL – TT International Ltd
TT International Ltd is not Shariah Compliant because it fails the financial ratios.
BJFN – Bajaj Finance Ltd
Bajaj Finance Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
HDBK – HDFC Bank Ltd
HDFC Bank Ltd is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
LIFI – Life Insurance Corporation Of India
Life Insurance Corporation Of India is not Shariah Compliant because of its involvement in Life Insurance and related activities.
ITC – ITC Ltd
ITC Ltd is not Shariah Compliant because of its involvement in Cigars & Cigarette Manufacturing and related activities.
ICBK – ICICI Bank Ltd
ICICI Bank Ltd is not Shariah Compliant because of its involvement in Corporate Banks and related activities.
TRIY – Triyards Holdings Ltd
Triyards Holdings Ltd is not Shariah Compliant because it fails the financial ratios.
MIDA – Midas Holdings Ltd
Midas Holdings Ltd is not Shariah Compliant because it fails the financial ratios.