ILTY – Illimity Bank SpA

Illimity Bank SpA is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

HRA – Hera SpA

Hera SpA is not Shariah Compliant because it fails the financial ratios.

GVS – GVS SpA

GVS SpA is not Shariah Compliant because it fails the financial ratios.

ERG – ERG SpA

ERG SpA is not Shariah Compliant because it fails the financial ratios.