The S&P World Property Shariah index is part of the family of S&P Sector Shariah index series. Focusing on specific sectors of the market, this index series is designed to offer investors a set of Islamic compliant investment solutions specific to the unique areas of interest. The S&P Sector Shariah indices currently include a Shariah compliant version of the S&P Global Property index and the S&P World Property index.
Index constituents exhibit the following characteristics:
Underlying Indices – S&P World Property
Weighting – Market capitalization
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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