Absa Capital lists first equity-linked Shari’ah ETF
Absa Capital, the investment banking division of Absa Bank Ltd, further redefined the local Exchange Traded Fund (ETF) market today when it brought
The Shari’ah Top 40 Index ETF tracks the FTSE/JSE Shari’ah Top 40 Index jointly established by
Commenting at today’s listing Vladimir Nedeljkovic, Head of ETFs and Index Products at Absa Capital said: “The Shari’ah Top 40 Index ETF is the first equity-linked Shari’ah compliant ETF in
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends.
The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board.
Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Commenting at today’s listing Vladimir Nedeljkovic, Head of ETFs and Index Products at Absa Capital said: “The Shari’ah Top 40 Index ETF is the first equity-linked Shari’ah compliant ETF in
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends.
The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board.
Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends.
The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board.
Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
The Shari’ah Top 40 Index ETF tracks the FTSE/JSE Shari’ah Top 40 Index jointly established by
Commenting at today’s listing Vladimir Nedeljkovic, Head of ETFs and Index Products at Absa Capital said: “The Shari’ah Top 40 Index ETF is the first equity-linked Shari’ah compliant ETF in
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends.
The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board.
Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Commenting at today’s listing Vladimir Nedeljkovic, Head of ETFs and Index Products at Absa Capital said: “The Shari’ah Top 40 Index ETF is the first equity-linked Shari’ah compliant ETF in
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends.
The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board.
Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
“The Shari’ah Top 40 Index ETF has effectively redefined the Muslim investment landscape in
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board. The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
He expects the product to continue to be well received in a market that urgently requires more local Islamic investment products. There is an estimated 400 000 Muslim households in
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends. The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board. Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
The Shari’ah Top 40 Index ETF provides investors with diversified exposure to the broad market through investing in one product and earning a market related performance. It also offers a credible Islamic investment opportunity aligning the South African Islamic investment market with global trends.
The Shari’ah screening of the index constituents is performed by Yasaar Ltd (Yasaar) using a two-step methodology. Yasaar represents all major Shari’ah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world. The ongoing screening of the Shari’ah compliance of the ETF is conducted by Absa’s Islamic Banking Shari’ah Supervisory Board.
Absa Capital’s NewGold ETF, the largest ETF in the South African market, with approximately R9bn in assets, is also Shari’ah compliant after it was approved by the Shari’ah Supervisory Board.
Pictured right:
From left to right: Alan Miller – Managing Executive: Absa Investments; Ahmed Moola – Managing Director: Absa Islamic Banking; Vladimir Nedeljkovic - Head : ETFs and Index Products at Absa Capital
