ANORA – Anora Group Oyj

Anora Group Oyj is not Shariah Compliant because of its involvement in Distillers & Wineries (NEC) and related activities.

AGLX – Agilyx ASA

Agilyx ASA is not Shariah Compliant because it fails the financial ratios.

MOBAM – Morrow Bank ASA

Morrow Bank ASA is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

VNV – VNV Global AB (publ)

VNV Global AB (publ) is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.

NOBI – Nobia AB

Nobia AB is not Shariah Compliant because it fails the financial ratios.

EVLI – Evli Oyj

Evli Oyj is not Shariah Compliant because of its involvement in Wealth Management and related activities.

O4BG – OVB Holding AG

OVB Holding AG is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.