ADX welcomes pioneering GCC Shariah Dividend ETF
you are currently viewing::ADX welcomes pioneering GCC Shariah Dividend ETFJuly 23, 2026--The fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council
Developed by Abu Dhabi-based global investment manager Lunate, this first-of-its-kind exchange-traded fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council (GCC). The listing marks the 24th ETF on the ADX, further cementing the exchange's position as the most active and liquid ETF hub in the Middle East. This launch is the latest milestone in opening access to the GCC's rapid economic expansion. Source: zawya.com |
June 23, 2026--amana, one of the MENA region's leading neo-brokers, has partnered with Zoya, a company that develops software to help Muslims align their faith with their finances, to introduce a seamless Shariah-compliance screening system designed to make halal investing easier, clearer, and more accessible for users across the region.
June 23, 2026-The ETF tracks the Solactive GCC Shariah Dividend Index, which has an index market capitalization of $1.49 trillion
The Abu Dhabi Securities Exchange (ADX) Group welcomed on Tuesday the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year.
June 22, 2026--Dubai's main share index added 0.1%
Most Gulf markets inched higher on Monday after Iranian negotiators reported progress in peace talks with the United States, soothing fears that the process was faltering.