UAE: The Abu Dhabi Securities Exchange (ADX) has listed the Chimera Solactive GCC Shariah Dividend ETF, an ETF developed by UAE investment manager Lunate. The ETF tracks the Solactive GCC Shariah Dividend Index, which comprises Shariah compliant stocks from the UAE, Saudi Arabia and Qatar and has an indicative dividend yield of 6.2%. The listing marks the 24th ETF on ADX and Lunate's 20th ETF listed on the exchange.
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