The Abu Dhabi Stock Exchange (ADX) has announced that it has received the Best Islamic Exchange Award 2024 by the Global Islamic Finance Awards (GIFA).
Publish dateSunday 22 September 2024 - 19:36
In its assessment, the committee considered several key factors, including the market value of Sharia-compliant financial instruments listed on the ADX, which exceeded 2 trillion dirhams (US$549 billion), according to the announcement.
The committee also verified the performance of ADX through its accredited brokerage firms that adhere to the principles of Sharia.
ADX is currently developing its Islamic index and continues to expand its offerings to align with Islamic principles.
Among these initiatives is the Endowment Shares service, which allows investors to donate shares from their ADX securities account to fund charitable causes. The profits from these donated shares are then used to support a variety of charitable endeavors.
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Source : news agency wam
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