Mahaana Islamic Index goes live

PAKISTAN: The Mahaana Islamic Index is now live on the Pakistan Stock Exchange (PSX), according to a bourse filing. The index measures the performance of top 30 Shariah compliant companies selected from KMI All Share Index constituents.

Separately, the PSX has listed the Mahaana Islamic Index Exchange-Traded Fund managed by Mahaana Wealth to track the performance of the Mahaana Islamic Index, according to another filing.

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