VPBN – VP Bank AG

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

QDT – Quadient SA

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

B2I – B2 Impact ASA

B2 Impact ASA is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.

OLVAS – Olvi Oyj

Olvi Oyj is not Shariah Compliant because of its involvement in Brewers (NEC) and related activities.

SVOLb – Svolder AB

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