BIST Increasing QNBFB.E 7.65 19.91 % CEMAS.E 0.85 19.72 % BMELK.E 1.72 19.44 % KERVN.E 0.28 16.67 % INFO.E 3.78 15.95 % Decreasing ETILR.E 3.4 -13.71 % UFUK.E 1.89 -8.70 % GLBMD.E 0.81 -7.95 % EGCYO.E 0.13 -7.14 % BRKO.E 0.26 -7.14 % VIOP Most Change O_KRDMDE1019P1.90 % -100,00 O_KRDMDE1019P1.90 % -100,00 O_KRDMDE1019P1.90 % -100,00 O_KRDMDE1019P1.90 % -100,00 O_KRDMDE1019P1.90 % -100,00 Highest Open Position F_USDTRY1019 601.090 F_XAUTRYM1019 534.998 F_USDTRY1219 424.401 F_XU0301019 413.763 F_USDTRY0919 174.535

S&P/OIC COMCEC 50 Shariah Index

 

S&P / OIC COMCEC 50 Shariah Index (Index) was launched through joint work of OIC Exchanges Forum (Forum) and S&P. The Index, including 50 shares from 19 OIC countries, has been launched as of June 15, 2012 to facilitate increased awareness about Organization of Islamic Cooperation (OIC) capital markets and foster cooperation between OIC exchanges.

 

The Index fills an important gap. It eliminates an important deficiency in Islamic index market and serves as a successfull tool to increase awareness about the OIC capital markets. Although there are numerous Islamic indexes in the world, none focus exclusively on OIC companies. This paradox and the growing demand for Islamic finance-oriented securities have been motivating factors for the launch of the Index.

 

The Index is intended to serve the following purposes:

  • Increasing awareness about OIC markets
  • Enhancing collaboration among OIC exchanges
  • Providing a benchmark for OIC market performance
  • Creating alternative financial instruments for OIC markets

S&P/OIC COMCEC 50 Shariah

Index NameIndex CodeDate Of IndexIndex ValueDaily Return
SPOIC50P SPOIC50P7/4/2019148.32
-0.0005 %
SPOIC50T SPOIC50T7/4/2019221.58
-0.0005 %
SPOIC50N SPOIC50N7/4/2019213.08
-0.0005 %
Top 10 Constituents by Index Weights
1
Telnet Holding
6
Kcell JSC
2
Holcim Liban
7
Oil & Gas Development Co Ltd
3
Bank Nizwa
8
SONATEL
4
Jordan Islamic Bank
9
Gulf Finance House
5
Medinet Nasr Housing
10
Aselsan SA