Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Gulf Insurance Group - Jordan

Market Cap: د.أ86.8m

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

Shahjalal Islami Bank

Market Cap: ৳19.1b

Provides commercial banking products and services in Bangladesh.

Palasino Holdings

Market Cap: HK$1.5b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Bonraybio

Market Cap: NT$4.1b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Joyce

Market Cap: AU$174.2m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Padma Oil

Market Cap: ৳17.2b

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

PINAGO UTAMA

Market Cap: Rp2.8t

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

Baazeem Trading

Market Cap: ر.س574.1m

Operates as a FMCG distribution company.

Taiyo KagakuLtd

Market Cap: JP¥44.7b

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

Yulie Sekuritas Indonesia

Market Cap: Rp5.4t

Operates as a securities company in Indonesia.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

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.إ641.7m

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

Jordanian Duty Free Shops

Market Cap: د.أ139.5m

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

Jamuna Bank

Market Cap: ৳22.0b

Provides various banking products and services in Bangladesh.

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

Market Cap: د.ك54.5m

A private equity firm specializing in direct and fund investments.

MOBI Industry

Market Cap: ر.س545.0m

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

Nofoth Food Products

Market Cap: ر.س798.1m

Produces and sells bakery products in Saudi Arabia.

Genesys Logic

Market Cap: NT$8.9b

Engages in the designing, manufacturing, testing, and sale of integrated circuits, semiconductors, digital communication products, computer equipment and related products in Taiwan, China, and internationally.

Saudi Chemical Holding

Market Cap: ر.س6.8b

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.

Etihad GO Telecom

Market Cap: ر.س3.2b

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

Seef Properties B.S.C

Market Cap: ب.د71.0m

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

Central Forest Group

Market Cap: JP¥22.3b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Cairo Amman Bank

Market Cap: د.أ278.0m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك181.6m

Engages in insurance and reinsurance operations in Kuwait.

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

National Cleaning Company K.P.S.C

Market Cap: د.ك47.3m

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

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك30.8m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

National Investments Company K.S.C.P

Market Cap: د.ك209.5m

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

Sokouk Holding Company K.S.C.P

Market Cap: د.ك44.3m

Engages in managing real estate projects in Kuwait.

First Investment Company K.S.C.P

Market Cap: د.ك54.4m

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

Dekpol

Market Cap: zł697.4m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

New Mauritius Hotels

Market Cap: MU₨7.4b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Tchaikapharma High Quality Medicines AD

Market Cap: €848.7m

Develops, manufactures, and sells medicines in Bulgaria.