S&P outlines sharia index plans

Standard & Poor's (S&P) newly launched sharia stock indexes have had a quiet reception from the market since their launch at the end of last year, but the rating agency is confident that a range of sectoral indexes will be more successful.

The agency launched sharia versions of the US S&P 500, the S&P Europe 350 and the S&P Japan 500 indexes in December. John Davies, S&P's senior director of index services for Europe, says: "Investment banks want smaller, more liquid baskets - 25 to 30 stocks

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here