Middle East

“Shariah-compliant businesses shown to rate more highly in ESG than conventional firms” – Salaam Gateway – September 3, 2020

On September 3, 2020 Salaam Gateway reported that “Shariah-compliant companies generally punch above their weight in the three central measures of environmental and societal impact, based on an analysis by asset management firm Arabesque carried out for Salaam Gateway. The review of 7,626 publicly listed corporations based on data taken on July 22 found that […]

“Saudi stock exchange to launch environmental index with MSCI: CEO” – Reuters – August 12, 2020

On August 12, 2020 Reuters reported that “Saudi Arabia’s stock exchange (TADAWUL) plans to launch an environmental, social or governance (ESG) index in cooperation with global index provider MSCI by the fourth quarter of this year or first quarter of 2021, the bourse’s chief executive said on Wednesday. The index will include at least 70 […]