Javelin Investment Management has launched the first sharia-compliant exchange-traded fund (ETF) in the US. The fund will be based on the newly launched Dow Jones Islamic Market International Titans 100 Index.
All index components are ex-US. Stocks were not eligible for inclusion in the index if their business involved alcohol, tobacco, financial services, pork-related products, defence and weapon production or the entertainment industry.
If the company's debt, cash plus interest-bearing securit
The week on Risk.net, July 7-13, 2018Receive this by email