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 October 1st 2023, the index constituents were the 22 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 | Ooredoo | 7.50% |
6 | Qatar International Islamic Bank | 5.00% |
7 | Dukhan Bank | 5.00% |
8 | Qatar Navigation | 5.00% |
9 | Qatar Electricity and Water | 5.00% |
10 | Barwa Real Estate | 5.00% |
11 | Mesaieed Petrochemicals | 5.00% |
12 | Qatar Aluminium Manufacturing Co | 5.00% |
13 | Vodafone Qatar | 5.00% |
14 | United Development Company | 2.50% |
15 | Baladna Co. | 2.50% |
16 | Ezdan | 0.40% |
17 | Estithmar Holding | 0.40% |
18 | Qatar Investors Group | 0.40% |
19 | Al Meera | 0.40% |
20 | Medicare Group | 0.40% |
21 | Lesha Bank | 0.40% |
22 | Qatar National Cement Co. | 0.40% |
Source: Qatar Stock Exchange, Bloomberg, Al Rayan Investment