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Satrix Shariah Top 40 ETF  |  South African-Equity-Large Cap
4.3489    -0.0922    (-2.076%)
NAV price (ZAR) Fri 27 Jun 2025 (change prev day)


Mandate Overview21 Feb 2020
    The Shari’ah Top 40 Index ETF is an investment instrument created to comply with Islamic ethical investing, it gives investors diversified exposure to the broad market and allows investors to earn a market related performance while still complying with the Shari’ah principles of investing. The NewFunds Shari’ah Top 40 Index ETF tracks the price
  • performance of the FTSE/JSE Shari’ah Top 40 Index, an Index is designed to reflect the Shari’ah compliant companies identified from the FTSE/JSE Africa Top 40 Index by Yasaar Limited (Yasaar). The Shari’ah Top 40 ETF is structured as a Financial Services Board (FSB)- approved Collective Investment Scheme Portfolio, issued under the NewFunds CIS umbrella. Listed on the JSE Limited, the Shari’ah Top 40 ETF provides investors with a daily disclosed, lowcost, and easy-to access investment product that conforms to Shari’ah principles.
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