Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Najran Cement

Market Cap: ر.س1.1b

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

Nofoth Food Products

Market Cap: ر.س866.9m

Produces and sells bakery products in Saudi Arabia.

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.

Kuwait Insurance CompanyK.P

Market Cap: د.ك112.7m

Provides various insurance products and services in Kuwait.

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

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.

Sure Global Tech

Market Cap: ر.س438.1m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Taiyo KagakuLtd

Market Cap: JP¥47.6b

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

Transnational Corporation of Nigeria

Market Cap: ₦515.2b

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

Fauji Foods

Market Cap: PK₨49.1b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Ibrahim Fibres

Market Cap: PK₨74.8b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Cairo Amman Bank

Market Cap: د.أ276.0m

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

Lippo Cikarang

Market Cap: Rp4.3t

Develops real estate and industrial estate projects in Indonesia.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك41.2m

Engages in managing real estate projects in Kuwait.

Nestlé Pakistan

Market Cap: PK₨363.4b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ80.6m

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

Practic

Market Cap: RON 950.3m

Engages in the lease and sublease of real estate properties in Romania.

Digital Mediatama Maxima

Market Cap: Rp2.2t

Operates an integrated marketing platform in Indonesia.

Nigerian Aviation Handling

Market Cap: ₦321.4b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك377.0m

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-Ahleia Insurance CompanyK.P

Market Cap: د.ك165.6m

Engages in insurance and reinsurance operations in Kuwait.

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

Market Cap: د.ك46.4m

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

Standard Chartered Bank Kenya

Market Cap: KSh127.4b

Provides various banking products and services for individuals and businesses.

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.

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

Market Cap: د.ك48.4m

A private equity firm specializing in direct and fund investments.

JB Foods

Market Cap: S$223.5m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Wema Bank

Market Cap: ₦1.0t

Provides banking and other financial services to corporate and individual customers in Nigeria.

Buana Artha Anugerah

Market Cap: Rp3.3t

Engages in the provision of asset management services in Indonesia.

MOBI Industry

Market Cap: ر.س565.0m

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

Baazeem Trading

Market Cap: ر.س622.7m

Operates as a FMCG distribution company.

Dwi Guna Laksana

Market Cap: Rp2.5t

Engages in the coal mining and trading activities in Indonesia.

Bank Danamon Indonesia

Market Cap: Rp25.6t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

National Investments Company K.S.C.P

Market Cap: د.ك229.4m

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

Bonny Worldwide

Market Cap: NT$8.4b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods in China.