PALESTINE: The Palestine Exchange (PEX) has updated the constituents of the Al-Quds Islamic Index following its periodic Shariah compliance review of listed companies based on their 2025 financial statements. The revised index comprises 18 listed companies that meet the Shariah screening criteria based on AAOIFI's Shariah Standard No 21 on securities. The criteria includes caps for interest-based debt, interest-bearing investments and deposits, and non-Shariah compliant revenues and expenses.
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