ABN Amro and LLB launch first sharia trackers

News

Liechtensteinische Landesbank Switzerland (LLB) and ABN Amro have launched the first Islamic exchange-traded index trackers linked to the performance of the LLB Mena indexes. The certificates have been listed on the SWX Swiss Exchange, and ABN will provide intraday liquidity subject to a bid-offer spread.

The LLB Mena indexes provide a transparent benchmark for investors seeking exposure to sharia-compliant stocks in the Middle East and North Africa (Mena) region. "Middle Eastern investors are re

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