The S&P/TSX 60 Shariah is part of the S&P Shariah index series. The series is designed to offer investors a set of indices that are compliant with Islamic canonical law. The S&P/TSX 60 Shariah is based on the S&P/TSX 60 Index, providing investors a comparable investable portfolio while adopting explicit investment criteria defined by the Islamic law. The S&P/TSX 60 Index undergoes screenings of the stocks by an outside research group, Ratings Intelligence Partners (RI), to interpret Shariah board rulings.

Index constituents exhibit the following characteristics:

• Underlying Index – S&P/TSX 60 Index
• Weighting – Market capitalization
• Reconstitution – As needed basis

Index Governance and Policy
The index is maintained by the S&P Index Committee, whose members include Standard & Poor’s economists and index analysts. Working with the Shariah Supervisory Board and Ratings Intelligence Partners, the Shariah indices follow a set of published guidelines and policies that define the transparent methodologies used to maintain the indices.

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