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        <name>CBB International Sukuk Company</name>
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      <invstOrSec>
        <name>Colgate-Palmolive Company</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
        <title>Colgate Palmolive Co.</title>
        <cusip>194162103</cusip>
        <identifiers>
          <isin value="US1941621039"/>
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        <balance>3939.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>288571.14</valUSD>
        <pctVal>0.19</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAR AL-Arkan Sukuk Company Ltd.</name>
        <lei>5493000UYHRBXEIYUQ69</lei>
        <title>DAR AL-Arkan Sukuk Ltd. 6.875% 03/21/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1794398831"/>
        </identifiers>
        <balance>1400000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1332814.00</valUSD>
        <pctVal>0.88</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.88</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIB Sukuk Limited</name>
        <lei>549300U37MUHC2JQLL56</lei>
        <title>DIB Sukuk Ltd 3.6% 3/30/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1387925958"/>
        </identifiers>
        <balance>4200000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4259304.00</valUSD>
        <pctVal>2.82</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.60</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIB Sukuk Limited</name>
        <lei>549300U3ZMUHC2JQLL56</lei>
        <title>DIB Sukuk Ltd. Sr. Unsecured Note 3.664% 2/14/22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1565166789"/>
        </identifiers>
        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2049052.00</valUSD>
        <pctVal>1.36</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.66</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIFC Sukuk Limited</name>
        <lei>N/A</lei>
        <title>DIFC Investments LLC Note 4.325% 11/12/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1120403313"/>
        </identifiers>
        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1556430.00</valUSD>
        <pctVal>1.03</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.33</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DP World Crescent Limited</name>
        <lei>21380096JRTWB8TL9236</lei>
        <title>DP World Crescent Ltd 3.908% 05/31/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1419869968"/>
        </identifiers>
        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2082800.00</valUSD>
        <pctVal>1.38</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.91</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dover Corporation</name>
        <lei>549300FMC2ALGA7N9E80</lei>
        <title>Dover Corp.</title>
        <cusip>260003108</cusip>
        <identifiers>
          <isin value="US2600031080"/>
        </identifiers>
        <balance>2553.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>246517.68</valUSD>
        <pctVal>0.16</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ecolab Inc.</name>
        <lei>82DYEISM090VG8LTLS26</lei>
        <title>Ecolab Inc.</title>
        <cusip>278865100</cusip>
        <identifiers>
          <isin value="US2788651006"/>
        </identifiers>
        <balance>1456.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>289671.20</valUSD>
        <pctVal>0.19</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emerson Electric Co.</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
        <title>Emerson Electric Co.</title>
        <cusip>291011104</cusip>
        <identifiers>
          <isin value="US2910111044"/>
        </identifiers>
        <balance>4059.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>251779.77</valUSD>
        <pctVal>0.17</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equate Sukuk SPC Limited</name>
        <lei>635400Z3EZF2GJPTDR68</lei>
        <title>Equate Sukuk SPC Ltd. 3.944% 02/21/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1564437199"/>
        </identifiers>
        <balance>2585000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2682152.06</valUSD>
        <pctVal>1.78</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.94</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Expeditors International Of Washington Inc</name>
        <lei>984500B055A804AB6E40</lei>
        <title>Expeditors International of Washington Inc.</title>
        <cusip>302130109</cusip>
        <identifiers>
          <isin value="US3021301094"/>
        </identifiers>
        <balance>4129.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>313969.16</valUSD>
        <pctVal>0.21</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAB Sukuk Company Ltd.</name>
        <lei>549300JEV79SSEDKS489</lei>
        <title>FAB Sukuk Co. Ltd. 3.625% 3/5/2023</title>
        <cusip>AR4816328</cusip>
        <identifiers>
          <isin value="XS1772752710"/>
        </identifiers>
        <balance>1940000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2041850.00</valUSD>
        <pctVal>1.35</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.63</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genuine Parts Company</name>
        <lei>549300D46DQVEU651W04</lei>
        <title>Genuine Parts Co.</title>
        <cusip>372460105</cusip>
        <identifiers>
          <isin value="US3724601055"/>
        </identifiers>
        <balance>3141.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>273141.36</valUSD>
        <pctVal>0.18</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hazine Mustesarligi Varlik Kiralama Anonim Sirketi</name>
        <lei>6354003QFJP7RDXEOZ20</lei>
        <title>Hazine Mustesaligi Carli 5.004% 04/06/2023</title>
        <cusip>421790AE6</cusip>
        <identifiers>
          <isin value="US421790AE63"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>990132.00</valUSD>
        <pctVal>0.66</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hazine Mustesarligi Varlik Kiralama Anonim Sirketi</name>
        <lei>6354003QFJP7RDXEOZ20</lei>
        <title>Hazine Mustesarligi Varli 4.251% 06/08/2021</title>
        <cusip>421790AD8</cusip>
        <identifiers>
          <isin value="US421790AD80"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>999500.00</valUSD>
        <pctVal>0.66</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hazine Mustesarligi Varlik Kiralama Anonim Sirketi</name>
        <lei>6354003QFJP7RDXEOZ20</lei>
        <title>Hazine Mustesarligi Varli 5.8% 02/21/2022</title>
        <cusip>421790AF3</cusip>
        <identifiers>
          <isin value="US421790AF39"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1011500.00</valUSD>
        <pctVal>0.67</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IDB Trust Services Limited</name>
        <lei>213800VKLEPJ95I3W549</lei>
        <title>IDB Trust Services LTD 1.957% 10/02/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2059789508"/>
        </identifiers>
        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2592397.13</valUSD>
        <pctVal>1.72</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.96</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IDB Trust Services Limited</name>
        <lei>213800VKLEPJ95I3W549</lei>
        <title>IDB Trust Services LTD 3.389% 09/26/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1882681536"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1078383.52</valUSD>
        <pctVal>0.71</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.39</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Illinois Tool Works Inc.</name>
        <lei>76NA4I14SZCFAYMNSV04</lei>
        <title>Illinois Tool Works Inc.</title>
        <cusip>452308109</cusip>
        <identifiers>
          <isin value="US4523081093"/>
        </identifiers>
        <balance>1631.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>285180.35</valUSD>
        <pctVal>0.19</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perusahaan Penerbit SBSN Indonesia III Trust</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>Indonesia Government of 3.4% 03/29/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US71567RAG11"/>
        </identifiers>
        <balance>517000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>532468.64</valUSD>
        <pctVal>0.35</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perusahaan Penerbit SBSN Indonesia III Trust</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>Indonesia Government of 3.4% 03/29/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US71567PAG54"/>
        </identifiers>
        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2059840.00</valUSD>
        <pctVal>1.36</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perusahaan Penerbit SBSN Indonesia III Trust</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>Indonesia Government of Series 144A 3.9% 8/20/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US71567PAL40"/>
        </identifiers>
        <balance>2300000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2453157.00</valUSD>
        <pctVal>1.63</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perusahaan Penerbit SBSN Indonesia III Trust</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>Indonesia Government of Series 144A 4.15% 03/29/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US71567PAH38"/>
        </identifiers>
        <balance>1685000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1831123.20</valUSD>
        <pctVal>1.21</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>Johnson &amp; Johnson</title>
        <cusip>478160104</cusip>
        <identifiers>
          <isin value="US4781601046"/>
        </identifiers>
        <balance>1971.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>277181.73</valUSD>
        <pctVal>0.18</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KSA Sukuk Ltd.</name>
        <lei>635400XBJFPNCGN9CK71</lei>
        <title>KSA Sukuk Ltd. 2.969% 10/29/2029</title>
        <cusip>48266XAD7</cusip>
        <identifiers>
          <isin value="US48266XAD75"/>
        </identifiers>
        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1573896.00</valUSD>
        <pctVal>1.04</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.97</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KSA Sukuk Ltd.</name>
        <lei>635400XBJFPNCGN9CK71</lei>
        <title>KSA Sukuk Ltd. 2.894% 04/20/2022</title>
        <cusip>48266XAA3</cusip>
        <identifiers>
          <isin value="US48266XAA37"/>
        </identifiers>
        <balance>2100000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2158686.60</valUSD>
        <pctVal>1.43</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.89</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KSA Sukuk Ltd.</name>
        <lei>635400XBJFPNCGN9CK71</lei>
        <title>KSA Sukuk Ltd. 4.303% 01/19/2029</title>
        <cusip>48266XAC9</cusip>
        <identifiers>
          <isin value="US48266XAC92"/>
        </identifiers>
        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2876500.00</valUSD>
        <pctVal>1.91</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kimberly-Clark Corporation</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>Kimberly Clark Corp.</title>
        <cusip>494368103</cusip>
        <identifiers>
          <isin value="US4943681035"/>
        </identifiers>
        <balance>2068.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>292311.80</valUSD>
        <pctVal>0.19</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Linde Public Limited Company</name>
        <lei>8945002PAZHZLBGKGF02</lei>
        <title>Linde Plc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BZ12WP82"/>
        </identifiers>
        <balance>1398.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>296529.78</valUSD>
        <pctVal>0.20</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lowe`S Companies Inc.</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>Lowes Companies Inc.</title>
        <cusip>548661107</cusip>
        <identifiers>
          <isin value="US5486611073"/>
        </identifiers>
        <balance>2465.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>333070.80</valUSD>
        <pctVal>0.22</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mccormick &amp; Company Incorporated</name>
        <lei>549300JQQA6MQ4OJP259</lei>
        <title>McCormick &amp; Co. Inc.</title>
        <cusip>579780206</cusip>
        <identifiers>
          <isin value="US5797802064"/>
        </identifiers>
        <balance>1836.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>329396.76</valUSD>
        <pctVal>0.22</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Medtronic Public Limited Company</name>
        <lei>549300GX3ZBSQWUXY261</lei>
        <title>Medtronic Plc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BTN1Y115"/>
        </identifiers>
        <balance>2517.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>230808.90</valUSD>
        <pctVal>0.15</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nucor Corporation</name>
        <lei>549300GGJCRSI2TIEJ46</lei>
        <title>Nucor Corp.</title>
        <cusip>670346105</cusip>
        <identifiers>
          <isin value="US6703461052"/>
        </identifiers>
        <balance>6251.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>258853.91</valUSD>
        <pctVal>0.17</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMAN Sovereign Sukuk</name>
        <lei>549300KM6RUZQLK8LU36</lei>
        <title>Oman Government Series 144A 4.397% 06/01/2024</title>
        <cusip>68204LAA2</cusip>
        <identifiers>
          <isin value="US68204LAA26"/>
        </identifiers>
        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>488230.00</valUSD>
        <pctVal>0.32</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMAN Sovereign Sukuk</name>
        <lei>549300KM6RUZQLK8LU36</lei>
        <title>Oman Government Series 144A 5.932% 10/31/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US68204LAC81"/>
        </identifiers>
        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2568610.00</valUSD>
        <pctVal>1.70</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.93</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pentair Public Limited Company</name>
        <lei>549300EVR9D56WPSRP15</lei>
        <title>Pentair Plc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BLS09M33"/>
        </identifiers>
        <balance>6863.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>260725.37</valUSD>
        <pctVal>0.17</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pepsico Inc.</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>Pepsico Inc.</title>
        <cusip>713448108</cusip>
        <identifiers>
          <isin value="US7134481081"/>
        </identifiers>
        <balance>2060.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>272455.60</valUSD>
        <pctVal>0.18</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perusahaan Penerbit Surat Berharga Syariah Negara Indonesia III</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>Perusahaan Penerbit SBSN Indonesia III Trust 2.3% 06/23/2025</title>
        <cusip>71567PAN0</cusip>
        <identifiers>
          <isin value="US71567PAN06"/>
        </identifiers>
        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1501875.00</valUSD>
        <pctVal>1.00</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Perusahaan Penerbit Surat Berharga Syariah Negara Indonesia III</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>Perusahaan Penerbit SBSN Indonesia III Trust 3.3% 11/21/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US71567RAA41"/>
        </identifiers>
        <balance>2600000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2685020.00</valUSD>
        <pctVal>1.78</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QIB Sukuk Ltd.</name>
        <lei>549300XDP1VCBZLCP049</lei>
        <title>QIB Sukuk LTD 2.754% 10/27/20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1310192031"/>
        </identifiers>
        <balance>4000000.00</balance>
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        <curCd>USD</curCd>
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        <pctVal>2.66</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QIB Sukuk Ltd.</name>
        <lei>549300XDP1VCBZLCP049</lei>
        <title>QIB Sukuk LTD 3.251% 5/23/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1614212196"/>
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        <balance>4504000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4601466.56</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RAK Capital</name>
        <lei>549300FOKUUDMGB5G459</lei>
        <title>RAK Capital 3.094% 3/31/25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1210507650"/>
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        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2605555.00</valUSD>
        <pctVal>1.73</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.09</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Roper Technologies Inc.</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>Roper Industries Inc.</title>
        <cusip>776696106</cusip>
        <identifiers>
          <isin value="US7766961061"/>
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        <balance>777.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ross Stores Inc.</name>
        <lei>549300ENZFLPGRDFZQ60</lei>
        <title>Ross Stores Inc.</title>
        <cusip>778296103</cusip>
        <identifiers>
          <isin value="US7782961038"/>
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        <balance>2540.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Saudi Electricity Global Sukuk Company</name>
        <lei>549300SBZGES8PS36F44</lei>
        <title>Saudi Electricity Global Sukuk 4.211% 04/03/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0767862914"/>
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        <balance>5700000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5970100.20</valUSD>
        <pctVal>3.96</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.21</annualizedRt>
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      <invstOrSec>
        <name>STC Sukuk Co. Ltd.</name>
        <lei>549300XDIYY7XEYHTO45</lei>
        <title>Saudi Telecom Co 3.89% 05/13/2029</title>
        <cusip>78478GAA1</cusip>
        <identifiers>
          <isin value="US78478GAA13"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Sharjah Sukuk (2) Limited</name>
        <lei>5493007W1SHV0JRZQ402</lei>
        <title>Sharjah Sukuk 2 Ltd. 3.839% 1/27/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1345635830"/>
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        <balance>6250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6350087.50</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.84</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Sherwin-Williams Company</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
        <title>Sherwin Williams Co.</title>
        <cusip>824348106</cusip>
        <identifiers>
          <isin value="US8243481061"/>
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        <balance>523.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>302215.55</valUSD>
        <pctVal>0.20</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SIB Sukuk Company III Limited</name>
        <lei>549300VEBV0EQP2FCP08</lei>
        <title>SIB Sukuk Co. 3.084% 09/08/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1477558487"/>
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        <balance>4500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4559503.50</valUSD>
        <pctVal>3.02</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.08</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>A. O. Smith Corporation</name>
        <lei>549300XG4US7UJNECY36</lei>
        <title>Smith A O Corp.</title>
        <cusip>831865209</cusip>
        <identifiers>
          <isin value="US8318652091"/>
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        <balance>7132.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>336059.84</valUSD>
        <pctVal>0.22</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Stanley Black &amp; Decker Inc.</name>
        <lei>549300DJ09SMTO561131</lei>
        <title>Stanley Black &amp; Decker Inc.</title>
        <cusip>854502101</cusip>
        <identifiers>
          <isin value="US8545021011"/>
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        <balance>1836.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>255901.68</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sysco Corporation</name>
        <lei>5RGWIFLMGH3YS7KWI652</lei>
        <title>Sysco Corp.</title>
        <cusip>871829107</cusip>
        <identifiers>
          <isin value="US8718291078"/>
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        <balance>3900.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>213174.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CBB International Sukuk Company</name>
        <lei>549300DC2NOQN38VG016</lei>
        <title>Tabreed Sukuk SPC Ltd. Sr. Unsecd. Note 5.5% 10/31/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1843455103"/>
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        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1675408.50</valUSD>
        <pctVal>1.11</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Target Corporation</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>Target Corp.</title>
        <cusip>87612E106</cusip>
        <identifiers>
          <isin value="US87612E1064"/>
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        <balance>2561.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>307140.73</valUSD>
        <pctVal>0.20</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Procter &amp; Gamble Company</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>The Procter &amp; Gamble Company</title>
        <cusip>742718109</cusip>
        <identifiers>
          <isin value="US7427181091"/>
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        <balance>2375.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>283978.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>V.F. Corporation</name>
        <lei>CWAJJ9DJ5Z7P057HV541</lei>
        <title>VF Corp.</title>
        <cusip>918204108</cusip>
        <identifiers>
          <isin value="US9182041080"/>
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        <balance>3610.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>219993.40</valUSD>
        <pctVal>0.15</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>W. W. Grainger Inc.</name>
        <lei>549300TWZSP6O1IH2V34</lei>
        <title>W.W. Grainger Inc.</title>
        <cusip>384802104</cusip>
        <identifiers>
          <isin value="US3848021040"/>
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        <balance>999.00</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>313845.84</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wakala Global Sukuk Berhad</name>
        <lei>N/A</lei>
        <title>Wakala Global Sukuk BHD 4.646% 7/6/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USY9485PAB86"/>
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        <balance>3400000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3522325.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>African Export-Import Bank</name>
        <lei>N/A</lei>
        <title>African Export Import Bank 1.561626% 6/18/2021</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal Identifier" value="AEIBO24"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000000.00</valUSD>
        <pctVal>0.66</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AF</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arab Banking Corp</name>
        <lei>N/A</lei>
        <title>Arab Banking Corp NY Branch 0.60%-2.15% 7/17/2020-9/24/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BURK"/>
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        <balance>6162809.24</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6162809.24</valUSD>
        <pctVal>4.08</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Governemnt of Djibouti</name>
        <lei>N/A</lei>
        <title>Government of Djibouti 3.6197744% 7/15/2020-9/14/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GOD022"/>
        </identifiers>
        <balance>163575.93</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>163575.93</valUSD>
        <pctVal>0.11</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DJ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government of Gambia</name>
        <lei>N/A</lei>
        <title>Government of Gambia NFSPMC 5.12%-5.752% 7/2/2020-8/31/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GOG015"/>
        </identifiers>
        <balance>273064.69</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271972.43</valUSD>
        <pctVal>0.18</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government of Maldives</name>
        <lei>N/A</lei>
        <title>Government of Maldives 3.5929%-3.8639% 7/3/2020-10/6/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GOM013"/>
        </identifiers>
        <balance>207705.47</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>206936.96</valUSD>
        <pctVal>0.14</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MV</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government of Pakistan</name>
        <lei>N/A</lei>
        <title>Government of Pakistan 4.45%-4.69% 7/2/2020-9/8/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GOP0020"/>
        </identifiers>
        <balance>445951.28</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>445951.28</valUSD>
        <pctVal>0.30</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goverment of Tunisia</name>
        <lei>N/A</lei>
        <title>Government of Tunisia Electricity 2.968542%-3.72% 8/31/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GOTE011"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>999800.00</valUSD>
        <pctVal>0.66</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gulf International Bank</name>
        <lei>N/A</lei>
        <title>Gulf International Bank (UK) 0.08%-1.77% 7/7/2020-8/26/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GIB1"/>
        </identifiers>
        <balance>5139243.18</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5139243.18</valUSD>
        <pctVal>3.41</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MayBank Islamic Bank</name>
        <lei>N/A</lei>
        <title>MayBank Islamic Bank 0.45%-1.85% 8/3/2020-12/7/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="MAYBANK"/>
        </identifiers>
        <balance>9372739.97</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9372739.97</valUSD>
        <pctVal>6.21</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qatar National Bank</name>
        <lei>N/A</lei>
        <title>Qatar National Bank 0.85%-2.10% 7/31/2020-3/19/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="QATAR"/>
        </identifiers>
        <balance>9300698.28</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9300698.28</valUSD>
        <pctVal>6.16</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indopalm Indonesia</name>
        <lei>N/A</lei>
        <title>PT Pacific Indopalm Industries 3.66% 9/30/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="IND0018"/>
        </identifiers>
        <balance>250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250000.00</valUSD>
        <pctVal>0.17</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indopalm Indonesia</name>
        <lei>N/A</lei>
        <title>PT Pacific Indopalm Industries 3.66% 9/30/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="IND0018"/>
        </identifiers>
        <balance>250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250000.00</valUSD>
        <pctVal>0.17</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goverment of Tunisia</name>
        <lei>N/A</lei>
        <title>Tunisian Refining Industries Company 2.92863% 05/04/2021 DD1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GOTI023"/>
        </identifiers>
        <balance>615728.60</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615667.03</valUSD>
        <pctVal>0.41</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goverment of Tunisia</name>
        <lei>N/A</lei>
        <title>Tunisian Refining Industries Company 2.92863% 05/17/2021 DD2</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="GOTI023"/>
        </identifiers>
        <balance>384271.40</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>384232.97</valUSD>
        <pctVal>0.25</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TurkEximbank</name>
        <lei>N/A</lei>
        <title>Turk Eximbank 2.8117% 11/16/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="TEB021"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>999700.00</valUSD>
        <pctVal>0.66</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Azzad Funds</ncom:nameOfApplicant>
      <ncom:signature>/s/ Bashar Qasem</ncom:signature>
      <ncom:signerName>Bashar Qasem</ncom:signerName>
      <ncom:title>Chairman and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
