TD – Toronto-Dominion Bank

Toronto-Dominion Bank is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

BX – Blackstone Inc

Blackstone Inc is not Shariah Compliant because of its involvement in Investment Management and related activities.

C – Citigroup Inc

Citigroup Inc is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.

HDB – HDFC Bank Ltd

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

RY – Royal Bank of Canada

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

GS – Goldman Sachs Group Inc

Goldman Sachs Group Inc is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.

HSBC – HSBC Holdings PLC

HSBC Holdings PLC is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

AXP – American Express Co

American Express Co is not Shariah Compliant because of its involvement in Consumer Credit Cards Services and related activities.

MS – Morgan Stanley

Morgan Stanley is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.