Index

What is an index?

An index is a numerical value that measures the performance of a given market through aggregation of the prices of a representative basket of stocks. Indices are calculated as weighted average of the constituent prices, the weight depends on methodology but the majority of indices are weighted by market capitalization. Reviews take place on a regular basis to ensure selected stocks as well as their weightings are correctly representing the underlying market. Indices are produced primarily for use in analyzing investment strategies and as a measure of portfolio performance for professional investors such as pension funds, insurance companies and other institutional investors. Retail investors use indices as a benchmark against which to compare the performance of chosen stocks. Indices which measure the performance of a specific industry sector provide further tools that allow efficient 'stock picking'.

The QE Al Rayan Islamic index : 

The 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.

NO. 

Ticker  

COMPANY

Weight

1

QIBK

QATAR ISLAMIC BANK 

15.00%

2

IQCD

Industries Qatar

12.00%

3

MARK

MASRAF AL RAYYAN 

10.00%

4

QNNS

Qatar Navigation

7.50% 

5

MPHC

Mesaieed

7.50%

6

QFLS

Qatar Fuel

5.00%

7

ORDS

Ooredoo

5.00%

8

QIIK

Intl. Islamic Bank

5.00%

9

BRES

Barwa

5.00%

10

QEWS

Electricity & Water

5.00%

11

QAMC

Qatar Aluminum 

5.00%

12

UDCD

United Dev. Company

5.00%

13

VFQS

Vodafone Qatar

5.00%

14

BLDN

Baladna

2.50%

15

ERES

Ezdan Holding

2.50%

16

QNCD

National Cement Co.

0.4286%

17

IGRD

Estithmar Holding

0.42857%

18

MCGS

Medicare

0.42857%

19

MERS

Al Meera

0.42857%

20

GWCS

Gulf warehousing Co

0.42857%

21

QIGD

The Investors

0.42857%

22

QIMD

Ind. Manf. Co.

0.42857%