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SHARIABEES

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1m

Analysis and statistics

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About

SHARIABEES.NSE represents a financial product traded on the National Stock Exchange of India (NSE) that adheres to Sharia principles. Specifically, it is an Exchange Traded Fund (ETF) designed to track the performance of an index comprising Sharia-compliant stocks listed on the NSE. This means the constituent companies included in the underlying index have been screened to ensure they avoid involvement in businesses considered haram (forbidden) under Islamic law, such as alcohol, gambling, and conventional financial services. Investors seeking ethical and Sharia-compliant investment options can use SHARIABEES.NSE to gain exposure to a diversified portfolio of such stocks.
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Factors

The explanation must be precise. Constituent Stock Prices: SHARIABEES' price mirrors the underlying Shariah-compliant stocks it holds.

Supply and Demand: High demand drives up the ETF's price; increased supply lowers it.

NAV: The Net Asset Value (NAV) of the underlying securities influences the ETF's trading price.

Market Sentiment: Overall investor confidence in Shariah-compliant investments impacts the ETF's value.

Expense Ratio: Higher expense ratios can indirectly affect the ETF's price by reducing returns.

Tracking Error: Deviation from the benchmark index's performance can influence investor perception and price.

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