Alphalytix Consulting, a portfolio company of the Islamic Fintech Fund, has released the Islamic Analytix Scorecard (IAS) covering the UK 🇬🇧 market. The report assesses companies in the FTSE 350 based on a 4 quadrant methodology to evaluate their Islamic Score, ESG Score, Financial Score, and Analyst Score across six pivotal sectors: Basic Materials, Healthcare, Energy, Communication, Technology and Utilities. The top 10 FTSE 350 companies based on the Islamic Alphalytix Scorecard are: Genus PLC (#GNS) South32 Limited (#S32) Oxford Instruments PLC (#OXIG) Informa PLC (#INF) DCC PLC (#DCC) BHP Group Limited (#BHP) GSK PLC (#GSK) Astrazeneca PLC (#AZN) Shell PLC (#SHEL) Pearson PLC (#PSON) The IAS report provides valuable insights to investors seeking alignment with Shariah-compliant principles. This methodology can be applied to other markets where data quality allows for comparative analysis. To learn more, reach out to the team at [email protected] Read the previous report covering the US 🇺🇸 market here: https://lnkd.in/g-qwNvv5 #IslamicFinance #IslamicAnalytix Omar R Aftab Sabir Mita Anwar Harris Irfan David (Daud) Vicary (Abdullah)Islamic Analytix #FTSE350
Thanks for sharing dear Br Abdul Haseeb Basit, very insightful and interesting. Combining Shariah with ESG alongside other technical/fundemntal assessment criteria is actually the need of the day.
Islamic Finance Solicitor at Foot Anstey LLP
7moThis is incredibly useful. On a similar note, I am keen to connect on a personal level with sharia compliant equity investors. Hoping to make an informal group to compare notes on best practice!