Db x-trackers launches first regional sharia-compliant ETFs on the LSE

Db x-trackers, the exchange-traded fund (ETF) arm of Deutsche Bank, has listed the first regional sharia-compliant ETFs on the London Stock Exchange (LSE). The new db x-trackers include the S&P 500 sharia ETF, the S&P Europe 350 sharia ETF and the S&P Japan 500 sharia ETF. Db x-trackers has also listed a global sharia compliant ETF on the Dow Jones Islamic Market Titans 100 index.

The new ETFs provide access to a range of sectors and markets such as utilities, industrials, energy, technology and healthcare, which are compliant with Islamic principles.