List of Prohibited Business Industries (as of 2025/01/22)

1. Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, including without limitation host country requirements related to environmental, health and safety and labor aspects;

2. Production or trade in weapons and munitions;

3. Production, trade, storage, or transport of significant volumes of hazardous chemicals, or commercial scale usage of hazardous chemicals;

4. Trade in wildlife or wildlife products regulated under CITES;

5. Production or trade in radioactive materials;

6. Commercial logging operations or purchase of logging equipment for use in primary tropical moist forest;

7. Production or trade in pharmaceuticals subject to international phase outs or bans;

8. Production or trade in pesticides/herbicides subject to international phase outs or bans;

9. Drift net fishing in the marine environment using nets over 2.5km. in length;

10. Production or activities involving harmful or exploitative forms of forced labor/harmful child labor;

11. Production or trade in ozone depleting substances subject to international phase out;

12. Production or trade in wood or other forestry products from unmanaged forests;

13. Money exchange dealers;

14. Any business relating to prostitution;

15. Quarries, mining, or processing of metal ores or coal;

16. Giving or receiving gifts that could be interpreted as intending to influence business decisions;

17. Abusing confidential or material, non-public information;

18. Trading of Animal Fur, Bones and Ivory;

19. Diamond trading without Kimberley Certification;

20. Indecent and Obscene material including child pornography;

21. Cultural objects like sculptures, statues, antiques, collectors’ items, archaeological pieces especially from Republic of Iraq;

22. Trading of explosives and weapons;

23. Drug trafficking including chemicals used to manufacture synthetic drug or drugs;

24. Trading in Derivatives/Options/Hedging;

25. Non-licensed Offline Gambling/Betting/Casino/Horse Racing/Bingo/Sports Betting;

26. Non-licensed Online Casino/Online Poker/Online Gambling/Online Betting/Prize Draws /Any form of Lottery/Scratch cards;

27. Bearer shares and bonds;

28. Jewel, Gem, Precious metal dealers;

29. Non-licensed Forex/Binary Options;

30. Human body parts and pathogens;

31. Prepaid phone and credit cards;

32. Unregistered charity services;

33. Energy extraction;

34. Unauthorized processing or payment aggregation products or services; multi-level marketing, pyramid selling or Ponzi schemes, matrix programs or other “get rich quick” schemes

35. Any services utilized for fraud or money laundering.