CSE revises its Shariah index

Dhaka,  Tue,  25 October 2016
Published : 13 Oct 2016, 22:01:05

CSE revises its Shariah index

It takes effect from Oct 23
FE Report

The country's port city bourse has revised its Shariah index by including 35 new companies selected on the basis of performance, according to Chittagong Stock Exchange (CSE).

The revised Shariah index of the port city bourse will come into effect from October 23 next. The CSE Shariah index is revised every year.

The CSE Shariah index was comprised of 77 listed companies last year. The authority on Thursday revised the index by including 35 companies and excluding six ones.

As a result, the revised CSE Shariah index will be comprised of 105 companies listed with the premier bourse.

The new companies included in Shariah index are: Aziz Pipes, Bangladesh Building Systems, Bangladesh Submarine Cable Company, Welding Electrodes, Bd. Thai Aluminium, Beach Hatchery, Beximco Pharmaceuticals, Beximco Synthetics, Daffodil Computers, Dragon Sweater and Spinning, Export Import Bank Of Bd, Familytex (Bd), Far Chemical Industries, Golden Harvest Agro Industries, Ifad Autos, Imam Button Industries, Information Services Network, KDS Accessories, Khulna Printing & Packaging, Meghna Petroleum, Padma Islami Life Insurance, R. N. Spinning Mills, Rangpur Dairy & Food Products, Reckitt Benckiser (Bd), Saiham Cotton Mills, Saiham Textile Mills, Salvo Chemical Industry, Shasha Denims, Shinepukur Ceramics, Simtex Industries, Sinobangla Industries, Standard Ceramic Industries, Summit Power, Tosrifa Industries, Tung Hai Knitting and Dyeing.

On the other hand, Bangladesh Steel Re-Rolling Mills, BDCOM Online, Matin Spinning Mills, Paramount Textile, Summit Alliance Port and United Airways (Bd) were excluded from the list of the companies of the Shariah index.

Editor : A.H.M Moazzem Hossain
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