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Result: Not Compliant

ITXA – Intexa SA

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

ERC – ER Capital NV

ER Capital NV is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.

CORk – Coreo AG

Coreo AG is not Shariah Compliant because it fails the financial ratios.

LVIDE – Lavide Holding NV

Lavide Holding NV is not Shariah Compliant because of its involvement in Venture Capital and related activities.

NEWCAP – Newcap Holding A/S

Newcap Holding A/S is not Shariah Compliant because of its involvement in Diversified Investment Services and related activities.

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