INDUa – Industrivarden AB
Industrivarden AB is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.
Result: Not Compliant
AM – Dassault Aviation SA
Dassault Aviation SA is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.
SHBa – Svenska Handelsbanken AB
Svenska Handelsbanken AB is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.
SAABb – Saab AB
Saab AB is not Shariah Compliant because of its involvement in Aerospace & Defense (NEC) and related activities.
ORSTED – Oersted A/S
Oersted A/S is not Shariah Compliant because it fails the financial ratios.
VNAn – Vonovia SE
Vonovia SE is not Shariah Compliant because it fails the financial ratios.
ACS – ACS Actividades de Construccion y Servicios SA
ACS Actividades de Construccion y Servicios SA is not Shariah Compliant because it fails the financial ratios.
PERP – Pernod Ricard SA
Pernod Ricard SA is not Shariah Compliant because of its involvement in Distillers & Wineries (NEC) and related activities.
VIE – Veolia Environnement SA
Veolia Environnement SA is not Shariah Compliant because it fails the financial ratios.
HOTG – Hochtief AG
Hochtief AG is not Shariah Compliant because it fails the financial ratios.