REDmoney Indexes

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    REDmoney Global Shariah

    Equities are considered eligible for inclusion into the REDmoney Global Shariah Index Series only if they pass a series of market related guidelines related to minimum market capitalization and liquidity as well as country restrictions. 

    Once the index eligible universe is determined the underlying constituents are screened using a set of business and financial Shariah guidelines.

    The REDmoney Global Shariah Index Series powered by IdealRatings consists of a rich subset of global listed equities that adhere to clearly defined and transparent Shariah guidelines defined by Shariyah Review Bureau in Jeddah, Saudi Arabia. 

    The REDmoney Shariah Indexes provides Islamic investors with an accurate and Shariah-specific equity performance benchmark with optimized compliance credibility due to the intensive research conducted to ensure that index constituents do not conflict with the defined Shariah requirements. 

    IdealRatings™ is the leading provider of Shariah investment decision support tools to investors globally, including asset managers, brokers, index providers, and banks to empower them to develop, manage and monitor Shariah investment products and Shariah compliant funds. IdealRatings is headquartered in San Francisco, California. For more information about IdealRatings visit: www.idealratings.com

    For further information regarding REDmoney Indexes contact:

    Andrew Morgan
    Managing Director, REDmoney Group

    Email: Andrew.Morgan@REDmoneygroup.com
    Tel +603 2162 7800