QE Al Rayan Islamic Index
The QE Al Rayan Islamic Index has been launched on January 7, 2013 by Qatar Exchange and Al Rayan Investment. This Islamic Index is a total return index reflecting both price performance and dividend income of Shari’a compliant stocks (as approved by Al Rayan’s Shari’a Supervisory Board) listed on the Qatar Exchange. The index is intended to support the creation of Shari’a-compliant exchange traded fund by Al Rayan Investment and has been issued with a Fatwa by its Shari’a Board.
Please refer to following attachments: