8043 – Starzen Co Ltd

Starzen Co Ltd is not Shariah Compliant because of its involvement in Meat Processing and related activities.

026890 – Stic Investments Inc

Stic Investments Inc is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.

2471 – S-Pool Inc

S-Pool Inc is not Shariah Compliant because it fails the financial ratios.