Standard & Poor’s, the world’s leading index provider, announced today the launch of Shariah-compliant versions of its widely used global indices, the S&P 500, S&P Europe 350 and S&P Japan 500. The initiative will create new opportunities for Islamic investors to benchmark their international investments and for asset managers to create new investment products serving the Islamic community. The new indices – the S&P 500 Shariah, S&P Europe 350 Shariah ...