ICAP – Investcorp Capital Plc
Investcorp Capital Plc is not Shariah Compliant because of its involvement in Private Equity and related activities.
Result: Not Compliant
OAB – Oman Arab Bank SAOG
Oman Arab Bank SAOG is not Shariah Compliant because of its involvement in Corporate Banks and related activities.
IFAH – IFA Hotels and Resorts Co KPSC
IFA Hotels and Resorts Co KPSC is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.
ARMX – Aramex PJSC
Aramex PJSC is not Shariah Compliant because it fails the financial ratios.
AGTHIA – Agthia Group PJSC
Agthia Group PJSC is not Shariah Compliant because it fails the financial ratios.
GINS – Gulf Insurance Group KSCP
Gulf Insurance Group KSCP is not Shariah Compliant because of its involvement in Multiline Insurance & Brokers (NEC) and related activities.
UGHC – United Gulf Holding Company BSC
United Gulf Holding Company BSC is not Shariah Compliant because of its involvement in Corporate Banks and related activities.
UREK – United Real Estate Company KSCP
United Real Estate Company KSCP is not Shariah Compliant because it fails the financial ratios.
ADNIC – Abu Dhabi National Insurance Company PSC
Abu Dhabi National Insurance Company PSC is not Shariah Compliant because of its involvement in Property & Casualty Insurance (NEC) and related activities.
BKDB – Bank Dhofar SAOG
Bank Dhofar SAOG is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.