The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Equity round up: Standard & Poor’s launches new Asian Islamic index

S&P this June launched the new S&P Pan Asia Shariah Index, a new addition to its Global Shariah Index Series.

The fully investable index draws stocks from nine Asian markets in the S&P Citigroup Global Equity Index: China, Hong Kong, India, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.

The number of stocks is limited to the top 15 from each country with a market capitalization of at least $1 billion. Each month stocks conforming to these criteria, selected once a year on March 31, are screened for compliance.

The index launches with 71 companies with an adjusted market capitalization of $810.83 billion.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree