Thomson Reuters has partnered with IdealRatings to provide a new Sharia-compliant index for Islamic financial investment. Thomson Reuters IdealRatings Islamic Indices will be available on Thomson Reuters Eikon and some of the company’s other services.
The joint venture will cover over 60 countries and global equity markets in nine regions, as well as individual sectors. The index will be reviewed on a quarterly basis to ensure Sharia-compliant standards, which will be assessed using proprietary algorithmic searches run by a team of dedicated researchers……………………………………….Full Article: Source