FRSG – Foris AG

Foris AG is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.

SOGNS – Sogn Sparebank

Sogn Sparebank is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

ECF1 – Mountain Alliance AG

Mountain Alliance AG is not Shariah Compliant because of its involvement in Venture Capital and related activities.

PEGRP – Pharma Equity Group A/S

Pharma Equity Group A/S is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.

HERMA – Hermana Holding ASA

Hermana Holding ASA is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.

PNA1V – Panostaja Oyj

Panostaja Oyj is not Shariah Compliant because of its involvement in Private Equity and related activities.

SEAF – Seafire AB (publ)

Seafire AB (publ) is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.

HT5C – Ht5 Ltd

Ht5 Ltd is not Shariah Compliant because of its involvement in Shell Companies and related activities.

KHG – KH Group Oyj

KH Group Oyj is not Shariah Compliant because of its involvement in Private Equity and related activities.