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    Result: Not Compliant

    SCB – Les Ciments de Bizerte SA

    Les Ciments de Bizerte SA is not Shariah Compliant because it fails the financial ratios.

    EASB – Egyptian Arabian Company Themar for Securities Brokerage SAE

    Egyptian Arabian Company Themar for Securities Brokerage SAE is not Shariah Compliant because of its involvement in Brokerage Services and related activities.

    CCRS – Gulf Canadian Company for Arab Real Estate Investment SAE

    Gulf Canadian Company for Arab Real Estate Investment SAE is not Shariah Compliant because it fails the financial ratios.

    BTEI – Banque de Tunisie et des Emirats SA

    Banque de Tunisie et des Emirats SA is not Shariah Compliant because of its involvement in Corporate Banks and related activities.

    AGIN – Gulf Arab Investment Company SAE

    Gulf Arab Investment Company SAE is not Shariah Compliant because of its involvement in Private Equity and related activities.

    ANFI – Alexandria National Company for Financial Investment SAE

    Alexandria National Company for Financial Investment SAE is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.

    EPCO – Egypt Poultry Company SAE

    Egypt Poultry Company SAE is not Shariah Compliant because of its involvement in Meat Processing and related activities.

    COPR – Copper for Commercial Investment & Real Estate Development SAE

    Copper for Commercial Investment & Real Estate Development SAE is not Shariah Compliant because it fails the financial ratios.

    PRMH – Prime Holding for Financial Investments SAE

    Prime Holding for Financial Investments SAE is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.

    AFDI – Al Ahly for Development and Investment SAE

    Al Ahly for Development and Investment SAE is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.

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    RaqabaIQ delivers intelligent, transparent, and auditable Shariah compliance solutions—built for modern finance.