CBKG – Commerzbank AG

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

DNB – DNB Bank ASA

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

PRTP – Kering SA

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

BAYGn – Bayer AG

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

EONGn – E.ON SE

E.ON SE is not Shariah Compliant because it fails the financial ratios.

EQTAB – EQT AB

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

UMG – Universal Music Group NV

Universal Music Group NV is not Shariah Compliant because of its involvement in Music, Music Video Production & Distribution and related activities.

ORAN – Orange SA

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

DB1Gn – Deutsche Boerse AG

Deutsche Boerse AG is not Shariah Compliant because of its involvement in Financial & Commodity Market Operators & Service Providers (NEC) and related activities.