Constituents
The QE Al Rayan Islamic index offers exposure to companies listed on the Qatar Stock Exchange (QSE) which meet our ethical, responsible and sustainable investment principles.
Constituents of the QE Al Rayan Islamic index are reviewed on April 1st and October 1st of each year. The index weight of each security depends on several factors including market capitalisation and daily trading liquidity.
As of April 1st 2023, the index constituents were the 21 securities below.
| Company | Index Weight | |
|---|---|---|
1 | Industries Qatar | 15.00% |
2 | Qatar Islamic Bank | 12.00% |
3 | Masraf Al Rayan | 10.00% |
4 | Qatar Fuel Co. | 7.50% |
5 | Qatar International Islamic Bank | 5.00% |
6 | Ooredoo | 5.00% |
7 | Meseaid Petrochemicals | 5.00% |
8 | Qatar Navigation | 5.00% |
9 | Barwa Real Estate | 5.00% |
10 | Qatar Electricity and Water | 5.00% |
11 | United Development Company | 5.00% |
12 | Qatar Aluminium Manufacturing Co | 5.00% |
13 | Vodafone Qatar | 5.00% |
14 | Baladna Co. | 2.50% |
15 | Estithmar Holding | 2.50% |
16 | Ezdan | 0.50% |
17 | Qatar National Cement Co. | 0.50% |
18 | Al Meera Consumer Goods Co | 0.50% |
19 | Medicare Group | 0.50% |
20 | Qatar Investors Group | 0.50% |
21 | Gulf Warehousing | 0.50% |
Source: Qatar Stock Exchange, Bloomberg, Al Rayan Investment