Chimera S&P UAE Sharia ETF adds three new companies listed on DFM, ADX

The index had ten companies listed on the Dubai Financial Market and the Abu Dhabi Securities Exchange

  

UAE – Amanat Holdings, Aldar Properties, and Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) were added to the S&P UAE Domestic Shariah Liquid 35/20 Capped Index.

The index had ten companies listed on the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX), including Dubai Islamic Bank (DIB), Emaar Properties, Abu Dhabi Islamic Bank (ADIB), and Aramex.

It is noteworthy to mention that in August, the ADX and DFM listed Chimera Capital’s Exchange Traded Fund (ETF), designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index which tracks the performance of UAE-based Shariah-compliant liquid equities.

Source: Mubasher

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