RATOb – Ratos AB

Ratos AB is not Shariah Compliant because of its involvement in Private Equity and related activities.

CORB – Corbion NV

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

FLOW – Flow Traders Ltd

Flow Traders Ltd is not Shariah Compliant because of its involvement in Financial & Commodity Market Operators & Service Providers (NEC) and related activities.

TIMAn – ZEAL Network SE

ZEAL Network SE is not Shariah Compliant because of its involvement in Lottery Operators and related activities.

GUBRA – Gubra A/S

Gubra A/S is not Shariah Compliant because it fails the financial ratios.