Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

National Industries Group Holding - KPSC

Market Cap: د.ك605.1m

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

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك43.8m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك347.8m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

National Investments Company K.S.C.P

Market Cap: د.ك218.2m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك181.4m

Engages in insurance and reinsurance operations in Kuwait.

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

First Investment Company K.S.C.P

Market Cap: د.ك49.9m

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

Sokouk Holding Company K.S.C.P

Market Cap: د.ك37.7m

Engages in managing real estate projects in Kuwait.

Yulie Sekuritas Indonesia

Market Cap: Rp5.3t

Operates as a securities company in Indonesia.

Nusantara Pelabuhan Handal

Market Cap: Rp2.4t

Manages and operates container terminals in Indonesia and internationally.

Citra Tubindo

Market Cap: Rp4.6t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Telekom Networks Malawi

Market Cap: MK 357.3b

Provides telecommunication services to enterprises and individual customers in Malawi.

Cahaya Aero Services

Market Cap: Rp4.0t

Provides cargo and ground handling services in Indonesia.

Surya Citra Media

Market Cap: Rp17.1t

Provides multimedia services in Indonesia.

Lippo Cikarang

Market Cap: Rp3.2t

Develops real estate and industrial estate projects in Indonesia.

Cita Mineral Investindo

Market Cap: Rp16.4t

Engages in bauxite mining activities in Indonesia.

GTS Internasional

Market Cap: Rp2.9t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Cisadane Sawit Raya

Market Cap: Rp1.9t

Engages in the oil palm plantation business in Indonesia and internationally.

Dwi Guna Laksana

Market Cap: Rp2.9t

Engages in the coal mining and trading business in Indonesia.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Buana Artha Anugerah

Market Cap: Rp3.0t

Engages in the provision of asset management services in Indonesia.

Nexa Resources AtacochaA

Market Cap: S/1.2b

Operates as a mining company worldwide.

Oxford Bank

Market Cap: US$103.7m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

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.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Industrias del Cobre Sociedad Anónima

Market Cap: S/857.5m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Southern Michigan Bancorp

Market Cap: US$118.8m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

MOBI Industry

Market Cap: ر.س610.0m

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

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س742.0m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

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

National Cleaning Company K.P.S.C

Market Cap: د.ك32.6m

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