Equity

Shariah

Our Shariah indices—designed to cover securities that are in adherence with Shariah guidelines—include developed, emerging, and frontier benchmarks, regional and country-level investable indices, and strategy, property, infrastructure, and health care sector indices.

Indices

S&P Shariah

The S&P Shariah Indices are a comprehensive series of indices designed for investors seeking to adhere with Shariah guidelines. Representative of each market, with high correlations to their benchmarks, each index seeks to represent a comparable investable portfolio while adopting explicit, transparent selection criteria as defined by Islamic law.

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DJ Islamic Market

The Dow Jones Islamic Market™ Index series includes thousands of broad-market, blue-chip, fixed-income, and strategy and thematic indices that have passed rules-based screens for Shariah compliance. Launched in 1999, DJIM World was the world's first global Shariah-compliant benchmark.

To determine their eligibility for the indices, stocks are screened to ensure that they meet the standards set out in the published methodology. Companies must meet Shariah requirements for acceptable products, business activities, debt levels, and interest income and expenses. The screening methodology is subject to input from an independent Shariah supervisory board. By screening stocks for consistency with Shariah law, the indices help to reduce research costs and compliance concerns Muslim investors would otherwise face in constructing Islamic investment portfolios.

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