MANTA – Mandatum Oyj

Mandatum Oyj is not Shariah Compliant because of its involvement in Life & Health Insurance (NEC) and related activities.

LOUP – Societe LDC SA

Societe LDC SA is not Shariah Compliant because of its involvement in Meat Processing and related activities.

RUBF – Rubis SCA

Rubis SCA is not Shariah Compliant because it fails the financial ratios.

CENER – Cenergy Holdings SA

Cenergy Holdings SA is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.

MWDP – Wendel SE

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