NAXS – NAXS AB (publ)

NAXS AB (publ) is not Shariah Compliant because of its involvement in Investment Management and related activities.

BEZ – Berentzen Gruppe AG

Berentzen Gruppe AG is not Shariah Compliant because of its involvement in Distilleries and related activities.

HIGHG – Cantourage Group SE

Cantourage Group SE is not Shariah Compliant because of its involvement in Cannabis Product Retailers and related activities.

V6CG – Viscom SE

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

HVID – Hvidbjerg Bank A/S

Hvidbjerg Bank A/S is not Shariah Compliant because of its involvement in Corporate Banks and related activities.

HNL – Hoenle AG

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