The Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of performance of the CSE listed companies.
The new index will be effective from December 30. The CSE Shariah Index is reviewed twice in a year, said a press release.
As per the latest reviewed, one new company has been included in the list while four companies were excluded from the previous list.
The one new company which has been included is Sonali Paper & Board Mills. The Sonali Paper started share trading on the bourses’ main market on July 2 this year, after remaining in the over-the-counter (OTC) market since 2009.
On the other hand, four companies - Bangas, BD Welding Electrodes, Delta Spinners, Mithun Knitting & Dyeing were excluded from the list as they failed to meet the minimum requirements.
After revision of CSE Shariah Index, 129 listed companies among 337 listed securities are selected.
The companies are: Aamra Networks, Aamra Technologies, ACI Formulations, Active Fine Chemicals, ADN Telecom, Advent Pharma, AFC Agro Biotech, Agni Systems, Al-Arafah Islami Bank, Aman Cotton Fibrous, Aman Feed, Ambee Pharmaceuticals, Anwar Galvanizing, Apex Spinning & Knitting Mills, Appollo Ispat Complex, Aramit Cement, Aramit, Argon Denims, Aziz Pipes, Bangladesh Building Systems, Bangladesh Lamps, Bangladesh Steel Re-Rolling Mills, Bata Shoe Company (Bd), BBS Cables, BD. Thai Aluminium, Bengal Windsor Thermoplastics, Berger Paints Bangladesh, Beximco Pharmaceuticals, Central Pharmaceuticals, Coppertech Industries, CVO Petrochemical Refinery, Daffodil Computers, Doreen Power Generations & Systems, Dragon Sweater and Spinning, Eastern Cables, Eastern Housing, Esquire Knit Composite, Exim Bank, Familytex (Bd), Far Chemical Industries, Far East Knitting & Dyeing Industries, Fareast Islami Life Insurance, Fine Foods, First Security Islami Bank, Fortune Shoes, Fu-Wang Ceramic Industry, Fu-Wang Foods, Generation Next Fashions, Global Heavy Chemicals, GQ Ball Pen Industries, Grameenphone, H.R. Textile Mills, Hakkani Pulp & Paper Mills, Hamid Fabrics, Heidelberg Cement, Hwa Well Textiles (Bd), Imam Button Industries, Indo-Bangla Pharmaceuticals, Information Services Network, Information Technology Consultants, Intech, Intraco Refueling Station, Islami Bank Bangladesh, Islami Insurance Bangladesh, Islamic Finance & Investment, JMI Syringes & Medical Devices, Kattali Textile, Kay & Que (Bangladesh), KDS Accessories, Khan Brothers PP Woven Bag Industries, Khulna Power Company, Khulna Printing & Packaging, Kohinoor Chemicals, LafargeHolcim Bangladesh, Libra Infusions, Linde Bangladesh, M.L.Dyeing, Malek Spinning Mills, Marico Bangladesh, Matin Spinning Mills, Miracle Industries, MJL Bangladesh, Monno Ceramic Industries, Mozaffar Hossain Spinning Mills, Nahee Aluminum Composite Panel, National Feed Mill, Navana CNG, Oimex Electrode, Olympic Accessories, Olympic Industries, Pacific Denims, Padma Islami Life Insurance, Prime Islami Life Insurance, Quasem Industries, Queen South Textile Mills, R.A.K. Ceramics (Bd), Rangpur Dairy & Food Products, Rangpur Foundry, Ratanpur Steel Re-Rolling Mills, Reckitt Benckiser (Bangladesh), Ring Shine Textiles Ltd, Runner Automobiles Limited, Saiham Cotton Mills, Saiham Textile Mills, Salvo Chemical Industry, Samorita Hospital, Shahjalal Islami Bank, Shahjibazar Power, Shepherd Industries, Shinepukur Ceramics, Shurwid Industries, Silco Pharmaceuticals, Silva Pharmaceuticals, Simtex Industries, Singer Bangladesh, SK Trims & Industries, Social Islami Bank, Sonali Paper & Board Mills, S.S. Steel, Standard Ceramic Industries, Summit Alliance Port, Summit Power, Takaful Islami Insurance, The IBN Sina Pharmaceuticals, Titas Gas, Usmania Glass Sheet Factory, VFS Thread Dyeing, Yeakin Polymer and Zaheen Spinning.
