S&P in new deal with National Bank of Abu Dhabi for Islamic Index

2 Responses to S&P in new deal with National Bank of Abu Dhabi for Islamic Index

1. American Delight says:

   October 21, 2009 at 01:43

   Wouldn’t quarterly review of Sharia compliance result in higher administrative fees for the index? (And lower returns?)

2. shariahfinancewatch says:

   October 23, 2009 at 12:51

   It would almost HAVE to. They’re adding another layer of review, which requires staff. And these Shariah Scholars don’t work for peanuts.