The Chittagong Stock Exchange (CSE) Shariah Index (CSI) has undergone its latest review and revision, based on the performance of CSE-listed companies.
The updated index will be implemented from 25 November 2024. The CSE Shariah Index is typically reviewed biannually, said a press release.
The latest revision has not seen the addition of any new companies to the index.
However, three companies—Heidelberg Cement Bangladesh Ltd., Regent Textile Mills Limited, and Ratanpur Steel Re-Rolling Mills Limited—have been excluded from the list.
In the revised index, a total of 123 listed companies out of 384 have been selected.
The companies are as follows: aamra Networks Limited, aamra Technologies Ltd., Acme Pesticides Limited, ADN Telecom Limited, Advent Pharma Limited, AFC Agro Biotech Limited, Agni Systems Limited, Al-Arafah Islami Bank PLC, Alif Industries Limited, Aman Cotton Fibrous Limited, Ambee Pharmaceuticals PLC, Anwar Galvanizing Limited, Apex Foods Limited, Apex Spinning & Knitting Mills, Asiatic Laboratories Limited, Associated Oxygen Ltd., Bangas Limited, Bangladesh Building Systems PLC, Baraka Patenga Power Ltd., Baraka Power Limited, Bata Shoe Company (Bd) Limited, BBS Cables PLC, BDCOM Online Limited, BD. Thai Aluminium Limited, Beach Hatchery Ltd., Bengal Windsor Thermoplastics Limited, Berger Paints Bangladesh Ltd., Beximco Limited, Beximco Pharmaceuticals Ltd., Central Pharmaceuticals Limited, Coppertech Industries Ltd., Daffodil Computers Limited, Dominage Steel Building Systems Ltd., Doreen Power Generations and Systems Limited, Dragon Sweater and Spinning Limited, Eastern Cables Limited, eGeneration PLC, Esquire Knit Composite PLC, Export Import Bank of BD PLC, Far Chemical Industries Limited, Far East Knitting & Dyeing Industries Limited, Fareast Islami Life Insurance Company Ltd., Fine Foods Limited, First Security Islami Bank PLC, Fortune Shoes Limited, Fu-Wang Foods Limited, GBB Power Limited, Global Heavy Chemicals Limited, Global Islami Bank PLC, GQ Ball Pen Industries Limited, Grameenphone Limited, Hakkani Pulp & Paper Mills Ltd., Hamid Fabrics Limited, Hwa Well Textiles (Bd) Limited, Index Agro Industries Limited, Indo-Bangla Pharmaceuticals Ltd., IT Consultants PLC, Intraco Refueling Station Limited, Islami Bank Bangladesh PLC, Islami Insurance Bangladesh Ltd., Islamic Finance & Investment Ltd., JMI Hospital Requisite Manufacturing Ltd., JMI Syringes & Medical Devices Ltd., Kay & Que (Bangladesh) Ltd., KDS Accessories Limited, Khan Brothers PP Woven Bag Industries Limited, Khulna Power Company Limited, Kohinoor Chemical Co (Bd) Ltd., LafargeHolcim Bangladesh PLC, Legacy Footwear Limited, Linde Bangladesh Limited, Lub-Rref (Bangladesh) Ltd., M.L. Dyeing Ltd., Malek Spinning Mills Ltd., Marico Bangladesh Limited, MJL Bangladesh PLC, Monno Ceramic Industries Ltd., Mozaffar Hossain Spinning Mills Limited, Nahee Aluminum Composite Panel Ltd., National Feed Mill Limited, Navana CNG Limited, Oimex Electrode Limited, Olympic Accessories Ltd., Olympic Industries Limited, Pacific Denims Limited, Padma Islami Life Insurance Limited, Prime Islami Life Insurance Ltd., Prime Textile Spinning Mills Ltd., Quasem Industries Limited, R.A.K. Ceramics (Bd) Ltd., Rahima Food Corporation Ltd, Rangpur Dairy & Food Products Ltd., Rangpur Foundry Ltd., Reckitt Benckiser (Bangladesh) PLC, Robi Axiata PLC, Saiham Textile Mills Ltd., Salvo Chemical Industry Ltd., Samata Leather Complex Ltd., Samorita Hospital Limited, Shahjalal Islami Bank PLC, Shahjibazar Power Co. Ltd., Shinepukur Ceramics Limited, Silco Pharmaceuticals Limited, Silva Pharmaceuticals Limited, Simtex Industries Limited, Sinobangla Industries Limited, SK Trims & Industries Ltd., Social Islami Bank PLC, Sonali Paper & Board Mills Limited, Summit Alliance Port Limited, Summit Power Limited, Takaful Islami Insurance Ltd., The Dacca Dyeing & Mfg. Co. Ltd., The Ibn Sina Pharmaceuticals Industry PLC, Titas Gas Transmission & Distribution Co. Ltd., Trust Islami Life Insurance Ltd., Union Bank PLC, United Power Generation & Distribution Company Limited, Usmania Glass Sheet Factory Ltd, VFS Thread Dyeing Limited, Walton Hi-Tech Industries PLC, Yeakin Polymer Limited, and Zaheen Spinning PLC.