Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Etihad GO Telecom

Market Cap: ر.س2.9b

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

Nofoth Food Products

Market Cap: ر.س824.1m

Produces and sells bakery products in Saudi Arabia.

Najran Cement

Market Cap: ر.س1.0b

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

Transnational

Market Cap: ₦520.3b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Buana Artha Anugerah

Market Cap: Rp3.1t

Engages in the provision of asset management services in Indonesia.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك355.6m

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.

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

Market Cap: د.ك46.1m

A private equity firm specializing in direct and fund investments.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

JiaXing Gas Group

Market Cap: HK$1.3b

Engages in the sale of piped natural gas (PNG) in Mainland China.

AblePrint Technology

Market Cap: NT$45.5b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Kuwait Insurance CompanyK.P

Market Cap: د.ك111.8m

Provides various insurance products and services in Kuwait.

Jamuna Bank

Market Cap: ৳22.3b

Provides various banking products and services in Bangladesh.

Ruentex Interior Design

Market Cap: NT$3.4b

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

Mark Dynamics Indonesia

Market Cap: Rp2.9t

Manufactures and sells hand former products in Indonesia and internationally.

Hafary Holdings

Market Cap: S$202.4m

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

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س637.0m

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

Padma Oil

Market Cap: ৳17.6b

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

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.

Tait Marketing & Distribution

Market Cap: NT$3.8b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Taiyo KagakuLtd

Market Cap: JP¥50.4b

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

ABICO Asia Capital

Market Cap: NT$4.8b

Engages in the investment activities.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.6m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.2m

Engages in insurance and reinsurance operations in Kuwait.

MOBI Industry

Market Cap: ر.س557.0m

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

Sokouk Holding Company K.S.C.P

Market Cap: د.ك38.8m

Engages in managing real estate projects in Kuwait.

First Investment Company K.S.C.P

Market Cap: د.ك51.3m

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

Surya Citra Media

Market Cap: Rp15.6t

Provides multimedia services in Indonesia.

National Investments Company K.S.C.P

Market Cap: د.ك217.4m

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

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Cairo Amman Bank

Market Cap: د.أ272.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Seef Properties B.S.C

Market Cap: ب.د53.8m

Engages in the real estate development business in the Kingdom of Bahrain.

Baazeem Trading

Market Cap: ر.س532.6m

Operates as a FMCG distribution company.

Nigerian Aviation Handling

Market Cap: ₦331.3b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.8b

A publicly owned investment manager.