Creation of moroccan islamic indexes by the method of filtering according to the standards of icb sector classification « industry classification benchmark »
International Journal of Development Research
Creation of moroccan islamic indexes by the method of filtering according to the standards of icb sector classification « industry classification benchmark »
Received 09th October, 2018; Received in revised form 26th November, 2018; Accepted 04th December, 2018; Published online 30th January, 2019
Copyright © 2019, Amin Akhrif and Faris Hamza. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Islamic indexes have been launched since a decade on many markets including American and English markets. The goal of this optic is to propose to investors a means of diversification of their portfolios in order to invest in accordance with the Sharia principles. The objective of this paper is to present Islamic indexes on an international scale and to create Moroccan Islamic indexes by both methods of quantitative and qualitative filtering according to the principles of ICB sector classification « Industry Classification Benchmark ». The creation of the two Moroccan Islamic indexes will be realized on collected information in 2016 about listed companies on the Casablanca stock exchange.
