
Standard & Poor's Shariah-compliant indices
Standard & Poor's Shariah-compliant indices are stock market benchmarks that track companies adhering to Islamic law (Shariah). They exclude businesses involved in forbidden activities like alcohol, gambling, or interest-based finance, and avoid companies that earn significant income from such sources. These indices provide Muslim investors with a way to invest in diverse, ethical companies while complying with religious principles. They are managed by S&P to ensure ongoing adherence to Shariah guidelines, offering a transparent and regulated means to invest responsibly in accordance with Islamic values.