Task Forces

Task Force on Indices


The task force is expected to submit a report to the Forum's 2017 annual meeting which will then be approved by our members and submitted to the 33rd session of the COMCEC.


The related decision taken at the 10h Meeting of the OIC Exchanges Forum'OIC Exchanges Forum:

The Forum mandates the Task Force on Indices to continue its efforts to promote both the S&P OIC COMCEC Sharia 50 Index and possible product creation on the index and finalize its ongoing studies on publishing the index on both Borsa Istanbul and OIC Exchanges Forum websites. Forum members agree to make their best effort to promote the S&P OIC COMCEC Sharia 50 Index in their markets and work for publishing the Index on their own websites with the assistance of Task Force.

The related decision taken at the 32nd COMCEC Session:

118- Requests the Member States and IDB to support the promotion of both the S&P OIC/COMCEC Index and sub-indices.


Borsa İstanbul

Current Status

The Task Force is in progress towards achieving its goals.

S&P/OIC COMCEC 50 Shariah Index

The S&P/OIC COMCEC 50 Shariah is designed to provide investors with a Shariah-compliant benchmark that measures the performance of leading companies from the Organization of Islamic Cooperation (OIC) member states. The website for further information is eu.spindices.com/indices/equity/sp-oic-comcec-50-shariah