BTN – Butn Ltd

Butn Ltd is not Shariah Compliant because of its involvement in Commercial Loans and related activities.

CD2 – CD Equity Fund II Pvt

CD Equity Fund II Pvt is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.

BWF – Blackwall Ltd

Blackwall Ltd is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.

HYT – Hyterra Ltd

Hyterra Ltd is not Shariah Compliant because it fails the financial ratios.