S&P overhauls Shariah index rules after spotlight on HSBC

S&P Dow Jones Indices is overhauling its Shariah index amid mounting opposition from institutional pension trustees to certain holdings inside its passive Islamic equity benchmarks. The revision to the S&P Global 1200 Shariah Select Index introduces across-the-board purges of its defense, weapons and hospitality sectors. It comes in the wake of the furor caused by

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S&P overhauls Shariah index rules after spotlight on HSBC

S&P Dow Jones Indices is overhauling its Shariah index amid mounting opposition from institutional pension trustees to certain holdings inside its passive Islamic equity benchmarks. The revision to the S&P Global 1200 Shariah Select Index introduces across-the-board purges of its...
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Top Islamic commodity funds globally by AuM

Top Islamic commodity fund managers globally by AuM

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Total Funds
2,783
Total AuM
Total AuM(US$): 408,061,570,152
All Companies
523
Total Funds

2,570

Total AuM

US$525,823,375,073

All Companies

488

Total Funds By Asset Class

Total Funds By Region

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IFN Investor Monthly Review: Healthy cross-border flows...

The IFN Investor Funds Database, the leading intelligence platform on Islamic public fund offerings, added 10 funds in October...

IFN Investor Monthly Review: Market picks up...

 The IFN Investor Funds Database, the leading intelligence platform on Islamic public fund offerings, recorded an additional three new...
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IFN Türkiye Dialogues 2026

Date: 26th November 2026
Venue:
Sheraton Grand Istanbul Atasehir

Very few countries in the world have a government leader who is a vocal supporter of Islamic finance – Turkiye is one of them. This has culminated in a vibrant participation finance ecosystem which boasts six Shariah compliant banks, an active Sukuk market and thriving Islamic funds industry.

President Recep Tayyip Erdogan’s administration has been astute in capitalizing on the country’s young population to further advance…
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IFN Investor Americas Forum 2026

Date: 16th June 2026
Venue:
New York

Islamic finance may not have entered mainstream consciousness in the US but discerning Islamic investors have long been investing in the world’s largest economy alongside a handful of Islamic financial institutions who are faithfully serving the Muslim minority

Yet, despite the Islamic finance community being a relatively small one in the US, it has nonetheless attracted big names…..
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IFN Middle East Issuers & Investors Forum 2026

Date: 22nd September 2026
Venue:
Palazzo Versace Dubai

The IFN Middle East Issuers & Investor Forum will host leading global experts, industry professionals and dealmakers to engage in high-level discussions on the opportunities, challenges and the future of global Islamic banking, capital-raising and Shariah investments against the backdrop of ongoing macroeconomic and geopolitical developments, and new trends including…..
Click here to Register!