LAGA – Lagardere SA

Lagardere SA is not Shariah Compliant because of its involvement in Media and Entertainment and related activities.

CLN – Clariant AG

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

SEBF – SEB SA

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

TKOO – Tikehau Capital SCA

Tikehau Capital SCA is not Shariah Compliant because of its involvement in Investment Management and related activities.

SBNOR – Sparebanken Norge

Sparebanken Norge is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.