Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

National Cleaning Company K.P.S.C

Market Cap: د.ك32.1m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

National Investments Company K.S.C.P

Market Cap: د.ك222.2m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Nofoth Food Products

Market Cap: ر.س819.3m

Produces and sells bakery products in Saudi Arabia.

Jamuna Bank

Market Cap: ৳22.1b

Provides various banking products and services in Bangladesh.

Baazeem Trading

Market Cap: ر.س530.6m

Operates as a FMCG distribution company.

3B Blackbio Dx

Market Cap: ₹10.7b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Asian Granito India

Market Cap: ₹16.6b

Engages in the manufacture and trade of tiles, marbles, and related products in India.

Cairo Amman Bank

Market Cap: د.أ272.0m

Provides various banking and financial services for corporate and institutional customers.

Saudi Chemical Holding

Market Cap: ر.س6.3b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Najran Cement

Market Cap: ر.س1.0b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Padma Oil

Market Cap: ৳17.3b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Taiyo KagakuLtd

Market Cap: JP¥46.9b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

National Industries Group Holding - KPSC

Market Cap: د.ك580.2m

Through its subsidiaries, engages in the building materials, petrochemicals, oil and gas services, mechanical industries, utilities, real estate, infrastructure, and financial services in Kuwait.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س685.7m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

First Investment Company K.S.C.P

Market Cap: د.ك48.2m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Sambhv Steel Tubes

Market Cap: ₹27.8b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك37.2m

Engages in managing real estate projects in Kuwait.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Hafary Holdings

Market Cap: S$202.4m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

Tri-County Financial Group

Market Cap: US$123.1m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Vidhi Specialty Food Ingredients

Market Cap: ₹13.9b

Engages in the manufacture and trading of synthetic food colors.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Cashmere Valley Bank

Market Cap: US$258.1m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Jordanian Duty Free Shops

Market Cap: د.أ148.1m

Invests in, operates, and manages duty-free shops.

Hind Rectifiers

Market Cap: ₹25.9b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

MOBI Industry

Market Cap: ر.س551.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Etihad GO Telecom

Market Cap: ر.س2.8b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Insolation Energy

Market Cap: ₹20.8b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Indo Tech Transformers

Market Cap: ₹13.3b

Manufactures and sells transformers in India and internationally.

Timex Group India

Market Cap: ₹27.4b

Engages in designing, manufacturing, and trading of watches in India and internationally.