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.

Shangri-La Hotel

Market Cap: ฿6.4b

Operates hotels in Bangkok and Chiang Mai provinces.

Piccadily Agro Industries

Market Cap: ₹60.3b

Manufactures and develops alcoholic beverages in India.

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.

Sambhv Steel Tubes

Market Cap: ₹29.0b

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

Changjiu Holdings

Market Cap: HK$1.2b

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

PC Jeweller

Market Cap: ₹80.2b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Sakar Healthcare

Market Cap: ₹10.6b

Research, develops, manufactures, and sells pharmaceutical products in India.

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.

Vidhi Specialty Food Ingredients

Market Cap: ₹15.6b

Engages in the manufacture and trading of synthetic food colors.

Hayleys

Market Cap: LK₨179.4b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Thai Steel Cable

Market Cap: ฿3.7b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Central Finance

Market Cap: LK₨62.0b

Provides various financial solutions primarily in Sri Lanka.

Insolation Energy

Market Cap: ₹27.9b

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

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.

Saha-Union

Market Cap: ฿8.2b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Cairo Amman Bank

Market Cap: د.أ276.0m

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

3B Blackbio Dx

Market Cap: ₹14.1b

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

Lippo Cikarang

Market Cap: Rp4.3t

Develops real estate and industrial estate projects in Indonesia.

Kokuyo Camlin

Market Cap: ₹9.1b

Engages in the manufacturing, selling, and trading of scholastic, writing instruments, notebooks, marker pens, inks, fine-art colours and accessories, hobby colours, pencils and other stationery products in India.

AGI Infra

Market Cap: ₹29.4b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Goldiam International

Market Cap: ₹43.3b

Manufactures and sells gold/silver/platinum and diamond studded jewelry products in India.

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.

TSTE

Market Cap: ฿3.9b

Primarily engages in the production and distribution of wheat flour in Thailand.

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.