S&P opens Bric economies to sharia investors

News

Standard & Poor's (S&P) has launched the S&P Bric Sharia Index to capture the largest and most liquid stocks in Brazil, Russia, India and China that meet sharia criteria and currently trade on developed market exchanges - specifically the Hong Kong Stock Exchange, London Stock Exchange, Nasdaq and the New York Stock Exchange.

S&P already offers sharia-compliant versions of the S&P 500, S&P Europe 350 and S&P Japan 500, as well as its S&P GCC Middle East Sharia Index Series.

"Each of the consti

To continue reading...

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 indvidual account here: