Singapore – Page 35

LUCS – Lum Chang Holdings Ltd

Lum Chang Holdings Ltd is not Shariah Compliant because it fails the financial ratios.

JUMBO Group Ltd is not Shariah Compliant because of its involvement in Alcohol and Non-Halal Food and related activities.

Acrophyte Hospitality Trust is not Shariah Compliant because of its involvement in Hospitality REITs and related activities.

Avarga Ltd is Shariah Compliant. It passes 1/5 Shariah standards we screen against.

GRC Ltd is Shariah Compliant. It passes 1/5 Shariah standards we screen against.

Ec World Real Estate Investment Trust is not Shariah Compliant because it fails the financial ratios.

ISEC Healthcare Ltd is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

Yoma Strategic Holdings Ltd is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.

Thakral Corporation Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

Asian Pay Television Trust is not Shariah Compliant because of its involvement in Cable Service Providers and related activities.