Dhaka, May 29, 2019: The CSE Shariah Index has been revised on the basis of performance of the CSE listed companies. The new index will be effective from 11 June 2019. CSE Shariah index is reviewed twice in a year.
The new 17 companies which have been included are ARAMIT CEMENT LIMITED, AZIZ PIPES LIMITED, BANGLADESH BUILDING SYSTEMS LIMITED, BBS CABLES LIMITED, KAY & QUE (BANGLADESH) LTD., NAVANA CNG LIMITED, USMANIA GLASS SHEET FAC LTD., AMBEE PHARMACEUTICALS LIMITED, INDO-BANGLA PHARMACEUTICALS LTD., SILVA PHARMACEUTICALS LIMITED, AMAN COTTON FIBROUS LIMITED, KATTALI TEXTILE LTD., M.L. DYEING LTD., MATIN SPINNING MILLS LIMITED, PACIFIC DENIMS LIMITED, SHASHA DENIMS LIMITED and VFS THREAD DYEING LIMITED.
On the other hand, 7 companies i.e. ADVANCED CHEMICAL INDUSTRIES LTD., BEXIMCO SYNTHETICS LIMITED, GBB POWER LIMITED, GQ BALL PEN INDUSTRIES LIMITED, ORION PHARMA LIMITED, TOSRIFA INDUSTRIES LIMITED and UNITED POWER GENERATION & DISTRIBUTION CO. LTD. were excluded from the previous list.
In revised CSE Shariah Index, 127 listed companies among 326 listed securities are selected. These are- AAMRA NETWORKS LIMITED, AAMRA TECHNOLOGIES LTD., AMAN COTTON FIBROUS LIMITED, ACTIVE FINE CHEMICALS LTD., ADVENT PHARMA LIMITED, AFC AGRO BIOTECH LIMITED, AGNI SYSTEMS LIMITED, ALIF INDUSTRIES LIMITED, AL-ARAFAH ISLAMI BANK LTD., AMAN FEED LIMITED, AMBEE PHARMACEUTICALS LIMITED, ANWAR GALVANIZING LIMITED, APEX SPINNING & KNITTING MILLS LTD., APEX TANNERY LIMITED, APPOLLO ISPAT COMPLEX LTD., ARAMIT LIMITED, ARAMIT CEMENT LIMITED, ARGON DENIMS LIMITED, AZIZ PIPES LIMITED, BANGAS LIMITED, BATA SHOE COMPANY (BD) LIMITED, BANGLADESH BUILDING SYSTEMS LIMITED, BBS CABLES LIMITED, BDCOM ONLINE LIMITED, BANGLADESH LAMPS LIMITED, BD. THAI ALUMINIUM LIMITED, BD WELDING ELECTRODES LIMITED, BENGAL WINDSOR THERMOPLASTICS LIMITED, BERGER PAINTS BANGLADESH LTD., BANGLADESH SUBMARINE CABLE CO. LTD., BEXIMCO PHARMACEUTICALS LTD., CENTRAL PHARMACEUTICALS LIMITED, C & A TEXTILES LIMITED, CVO PETROCHEMICAL REFINERY LTD., DAFFODIL COMPUTERS LIMITED, DELTA SPINNERS LIMITED, DHAKA ELECTRIC SUPPLY CO. LTD., DOREEN POWER GENERATIONS AND SYSTEMS LIMITED, DRAGON SWEATER AND SPINNING LIMITED, EASTERN CABLES LIMITED, EASTERN HOUSING LIMITED, EXPORT IMPORT BANK OF BD LTD., FAMILYTEX (BD) LIMITED, FAR CHEMICAL INDUSTRIES LIMITED, FAREAST ISLAMI LIFE INSURANCE COMPANY LTD., FAR EAST KNITTING & DYEING INDUSTRIES LIMITED, FINE FOODS LIMITED, FIRST SECURITY ISLAMI BANK LTD, FORTUNE SHOES LIMITED, FU-WANG CERAMIC INDUSTRY LTD., FU-WANG FOODS LIMITED, GENERATION NEXT FASHIONS LIMITED, GLOBAL HEAVY CHEMICALS LIMITED, GRAMEENPHONE LIMITED, HAKKANI PULP & PAPER MILLS LTD., HEIDELBERG CEMENT BANGLADESH LTD., HAMID FABRICS LIMITED, H.R. TEXTILE MILLS LIMITED, HWA WELL TEXTILES (BD) LIMITED, THE IBN SINA PHARMACEUTICALS LTD., INDO-BANGLA PHARMACEUTICALS LTD., IMAM BUTTON INDUSTRIES LTD., INTECH LIMITED, INTRACO REFUELING STATION LIMITED, ISLAMI BANK BANGLADESH LIMITED, ISLAMIC FINANCE&INVESTMENT LTD., ISLAMI INSURANCE BANGLADESH LTD., INFORMATION SERVICES NETWORK LTD., INFORMATION TECHNOLOGY CONSULTANTS LIMITED, KAY & QUE (BANGLADESH) LTD., KAN BROTHERS PP WOVEN BAG INDUSTRIES LIMITED, KDS ACCESSORIES LIMITED, KOHINOOR CHEMICAL CO (BD) LTD., KHULNA POWER COMPANY LIMITED, KATTALI TEXTILE LTD., LAFARGEHOLCIM BANGLADESH LIMITED, LIBRA INFUSIONS LIMITED, LINDE BANGLADESH LIMITED, MALEK SPINNING MILLS LTD., MARICO BANGLADESH LIMITED, MATIN SPINNING MILLS LIMITED, MOZAFFAR HOSSAIN SPINNING MILLS LIMITED, MIRACLE INDUSTRIES LIMITED, MITHUN KNITTING AND DYEING (CEPZ) LTD., MJL BANGLADESH LIMITED, M.L. DYEING LTD., MONNO CERAMIC INDUSTRIES LTD, NAHEE ALUMINUM COMPOSITE PANEL LTD., NAVANA CNG LIMITED, NATIONAL FEED MILL LIMITED, NATIONAL TEA COMPANY LIMITED, OLYMPIC ACCESSORIES LTD., OLYMPIC INDUSTRIES LIMITED, PADMA ISLAMI LIFE INSURANCE LIMITED, PACIFIC DENIMS LIMITED, PRIME ISLAMI LIFE INSURANCE LTD., QUASEM INDUSTRIES LIMITED, QUEEN SOUTH TEXTILE MILLS LIMITED, R.A.K. CERAMICS (BD) LTD., RANGPUR DAIRY & FOOD PRODUCTS LTD., R. N. SPINNING MILLS LIMITED, RATANPUR STEEL RE-ROLLING MILLS LIMITED, SAIHAM TEXTILE MILLS LTD., SALVO CHEMICAL INDUSTRY LTD., SAMORITA HOSPITAL LIMITED, SHAHJALAL ISLAMI BANK LTD., SHASHA DENIMS LIMITED, SHURWID INDUSTRIES LTD., SOCIAL ISLAMI BANK LIMITED, SILVA PHARMACEUTICALS LIMITED , SIMTEX INDUSTRIES LIMITED, SINGER BANGLADESH LIMITED, SINOBANGLA INDUSTRIES LIMITED, SK TRIMS & INDUSTRIES LTD., SHINEPUKUR CERAMICS LIMITED, SHAHJIBAZAR POWER CO. LTD., SQUARE TEXTILES LIMITED, SQUARE PHARMACEUTICALS LIMITED, STANDARD CERAMIC INDUSTRIES LIMITED, SUMMIT POWER LIMITED, TAKAFUL ISLAMI INSURANCE LTD., TITAS GAS TRANS.& DIST. CO. LTD., TUNG HAI KNITTING AND DYEING LIMITED, USMANIA GLASS SHEET FACTORY LTD., VFS THREAD DYEING LIMITED, YEAKIN POLYMER LIMITED and ZAHEEN SPINNING LTD.
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