The CSE Shariah Index (CSI) has been reviewed and revised on the basis of the performance of the CSE-listed companies. The new index will be effective from May 23, 2024. CSE Shariah index (CSI) is reviewed twice in a year, says a press release.
The new 06 companies which have been included are Asiatic Laboratories Limited, Baraka Power Limited, Far Chemical Industries Limited, Legacy Footwear Limited, Rahima Food Corporation Ltd and United Power Generation and Distribution Company Limited.
On the other hand, 05 companies, ACI Formulations Limited, Beacon Pharmaceuticals PLC, Saiham Cotton Mills Ltd., Square Pharmaceuticals PLC., and Standard Ceramic Industries Limited were excluded from the previous list.
In the revised CSE Shariah Index,126 listed companies out of382 listed Companieshave been selected. These are-aamra Networks Limited, aamra Technologies Ltd., Acme Pesticides Limited, ADN Telecom Limited, Advent Pharma Limited, AFC Agro Biotech Limited, Agni Systems Limited, Al-Arafah Islami Bank PLC., Alif Industries Limited, Aman Cotton Fibrous Limited, Ambee Pharmaceuticals Limited, Anwar Galvanizing Limited, Apex Foods Limited, Apex Spinning and Knitting Mills, Asiatic Laboratories Limited, Associated Oxygen Ltd., Bangas Limited, Bangladesh Building Systems Limited, Baraka Patenga Power Ltd., Baraka Power Limited, Bata Shoe Company (Bd) Limited, BBS Cables PLC., BDCOM Online Limited, BD.Thai Aluminium Limited, Beach Hatchery Ltd., Bengal Windsor Thermoplastics Limited, Berger Paints Bangladesh Ltd., Beximco Limited, Beximco Pharmaceuticals Ltd., Central Pharmaceuticals Limited, Coppertech Industries Ltd, Daffodil Computers Limited, Dominage Steel Building Systems Ltd., Doreen Power Generations And Systems Limited, Dragon Sweater And Spinning Limited, Eastern Cables Limited, eGeneration Limited, Esquire Knit Composite Limited, Export Import Bank Of BD Ltd, Far Chemical Industries Limited, Far East Knitting and Dyeing Industries Limited, Fareast Islami Life Insurance Company Ltd., Fine Foods Limited, First Security Islami Bank PLC, Fortune Shoes Limited, Fu-Wang Foods Limited, GBB Power Limited, Global Heavy Chemicals Limited, Global Islami Bank PLC, GQ Ball Pen Industries Limited, Grameenphone Limited, Hakkani Pulp and Paper Mills Ltd., Hamid Fabrics Limited, Heidelberg Cement Bangladesh Ltd., Hwa Well Textiles (Bd) Limited, Index Agro Industries Limited, Indo-Bangla Pharmaceuticals Ltd., IT Consultants PLC., Intraco Refueling Station Limited,Islami Bank Bangladesh PLC., Islami Insurance Bangladesh Ltd., Islamic Finance and Investment Ltd., JMI Hospital Requisite Manufacturing Ltd., JMI Syringes and Medical Devices Ltd., Kay and Que (Bangladesh) Ltd., KDS Accessories Limited, Khan Brothers Pp Woven Bag Industries Limited, Khulna Power Company Limited, Kohinoor Chemical Co (Bd) Ltd., LafargeHolcim Bangladesh Limited, Legacy Footwear Limited, Linde Bangladesh Limited, Lub-Rref (Bangladesh) Ltd., M.L.Dyeing Ltd., Malek Spinning Mills Ltd., Marico Bangladesh Limited,MJL Bangladesh PLC., Monno Ceramic Industries Ltd., Mozaffar Hossain Spinning Mills Limited, Nahee Aluminum Composite Panel Ltd., National Feed Mill Limited, Navana CNG Limited, Oimex Electrode Limited, Olympic Accessories Ltd., Olympic Industries Limited, Pacific Denims Limited, Padma Islami Life Insurance Limited, Prime Islami Life Insurance Ltd., Prime Textile Spinning Mills Ltd., Quasem Industries Limited, R.A.K. Ceramics (Bd) Ltd., Rahima Food Corporation Ltd,
Rangpur Dairy and Food Products Ltd., Rangpur Foundry Ltd., Ratanpur Steel Re-Rolling Mills Limited, Reckitt Benckiser (Bangladesh) Limited, Regent Textile Mills Limited, Robi Axiata Limited, Saiham Textile Mills Ltd., Salvo Chemical Industry Ltd., Samata Leather Complex Ltd., Samorita Hospital Limited, Shahjalal Islami Bank PLC., Shahjibazar Power Co. Ltd., Shinepukur Ceramics Limited, Silco Pharmaceuticals Limited, Silva Pharmaceuticals Limited, Simtex Industries Limited, Sinobangla Industries Limited, SK Trims & Industries Ltd., Social Islami Bank PLC., Sonali Paper & Board Mills Limited,Summit Alliance Port Limited, Summit Power Limited, Takaful Islami Insurance Ltd., The Dacca Dyeing and Mfc. Co. Ltd., The Ibn Sina Pharmaceuticals Industry PLC, Titas Gas Trans and Dist. Co Ltd., Trust Islami Life Insurance Ltd., Union Bank Limited, United Power Generation & Distribution Company Limited, Usmania Glass Sheet Fac Ltd, VFS Thread Dyeing Limited, Walton Hi-Tech Industries Ltd., Yeakin Polymer Limited and Zaheen Spinning Ltd.
