Not Compliant – Page 18

M8G – Verve Group SE

Verve Group SE is not Shariah Compliant because it fails the financial ratios.

Vibra Energia SA is not Shariah Compliant because it fails the financial ratios.

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

Vantris Energy Bhd is not Shariah Compliant because it fails the financial ratios.

V Technology Co Ltd is not Shariah Compliant because it fails the financial ratios.

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

Valmore Holding SAE is not Shariah Compliant because it fails the financial ratios.

ValueCommerce Co Ltd is not Shariah Compliant because of its involvement in Advertising Agencies and related activities.

Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA is not Shariah Compliant because it fails the financial ratios.

Van Lanschot Kempen NV is not Shariah Compliant because of its involvement in Wealth Management and related activities.