S&P already offers sharia-compliant versions of its equities indexes, the S&P 500, the S&P Europe 350 and the S&P Japan 500, as well as the S&P GCC Middle East Sharia Index Series.
"Each of the constituents within the S&P BRIC Shariah Index is liquid and completely hedgeable. As a result, we are already seeing clients create mutual funds and structured products based upon the index,” says Alka Banerjee, vice president of S&P Index Services.
All S&P Sharia Indexes are screened by Ratings Inte
The week on Risk.net, July 7-13, 2018Receive this by email