Direct Answer
The ADX Islamic Index is a rule-based measurement of shariah-compliant companies listed on the abu dhabi securities exchange, maintained by Abu Dhabi Securities Exchange. Like every index it owns nothing: it is a number produced by applying a published weighting formula to a selected list of companies, revised on a schedule the provider sets.
What this index covers
The ADX Islamic Index covers shariah-compliant companies listed on the abu dhabi securities exchange, within the UAE market. Abu Dhabi Securities Exchange defines which securities are eligible, how they are selected from that pool, and how much each one contributes to the published number.
The index name does not state a fixed company count, so the number of constituents follows the eligibility rules rather than a target.
How constituents are weighted
Swoopr has not verified the weighting method for this index against Abu Dhabi Securities Exchange's current methodology document, so none is stated here rather than guessed. The provider link below is authoritative.
Current ADX Islamic Index constituents
Abu Dhabi Securities Exchange publishes and licenses the ADX Islamic Index constituent list. Swoopr does not republish it here. The provider's own page is the authoritative source for current membership and weights.
Abu Dhabi Securities Exchange: official ADX Islamic Index page
Related reading
- All stock market indexes: how indexes are built, weighted and revised.
- Emerging Markets indexes: others covering the same region.
- Index concentration: measuring how much of an index sits in its largest holdings.
- Index rebalancing and inclusion effects: what happens to a stock when index membership changes.
Frequently Asked Questions
Who maintains the ADX Islamic Index?
Abu Dhabi Securities Exchange maintains the ADX Islamic Index and publishes the methodology document that defines its eligibility and weighting rules.
What does the ADX Islamic Index measure?
It measures shariah-compliant companies listed on the abu dhabi securities exchange. The index is a calculated number applying a weighting formula to a selected list of companies, and it holds nothing itself.
Where can I see the current ADX Islamic Index constituents?
Abu Dhabi Securities Exchange publishes the current constituent list. Swoopr does not republish it, because index providers license constituent data and Swoopr holds no such licence.