S&P launches sharia indexes


Standard & Poor's (S&P) has launched two new investable sharia indexes, S&P CNX 500 Shariah and S&P CNX Nifty Shariah, for the Indian equities market.

"These new sharia-compliant indexes provide investors with a comparable investable portfolio while adopting explicit selection criteria defined by Islamic law," says Alka Banerjee, vice-president of index services at S&P in New York.

The indexes are derived respectively from the S&P CNX 500 and S&P CNX Nifty indexes. The S&P CNX 500 covers more

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

If you already have an account, please sign in here.


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