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S&P BMI Regional Shariah


The S&P BMI Regional Shariah index is part of the family of S&P Global Benchmark Shariah index series. The index series currently includes developed and emerging market benchmark indices. The S&P BMI Regional Shariah index covers 7 regions

Index constituents exhibit the following characteristics:

  • Underlying Indices – S&P/Citigroup World BMI index
  • Weighting – Modified capitalization weighting
  • Reconstitution – As needed basis

Index Governance and Policy
The parent index is maintained by S&P Index Committees, 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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