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What is S&P 500 Shariah Index Overview about?

The S&P 500® Shariah Index includes Shariah-compliant companies from the S&P 500, serving as a benchmark for large-cap U.S. equities. It is constructed based on specific eligibility criteria, including market capitalization and compliance with Shariah law, and is calculated in real-time with monthly rebalancing. As of August 30, 2024, the index has shown strong performance with a total return of 20.06% year-to-date and includes 268 constituents, predominantly from the United States.

Author

Faiz Faiz

Language

EN