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Islamic Finance Briefing - Categorized | Funds, New Launches more

Canada to launch Sharia compliant ETF?

Posted on 22 July 2009

From Seekingalpha.com: Less than a month after Javelin Exchange Traded Shares (JETS) launched the first Shari’ah compliant ETF in the U.S., UM Financial and Jovian Capital are reportedly teaming up to do so in Canada.
The proposed ETF would track the S&P/TSX 60 Shariah Index, a benchmark introduced by Standard & Poor’s just last week……..Full Article: Source

 
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