HANZA – Hanza AB

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

NEXI – Nexity SA

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

IDVP – IDI SCA

IDI SCA is not Shariah Compliant because of its involvement in Private Equity and related activities.

TINCC – Tinc NV

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

BSGR – B&S Group SA

B&S Group SA is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.

PTNL – PostNL NV

PostNL NV is not Shariah Compliant because it fails the financial ratios.