What is the KSE All-Share Index?
The KSE All-Share Index is the Karachi Stock Exchange’s Islamic index. This index is a combination of all three stock exchanges in Pakistan. It is thought that this index was the primary step in the sustained development of the Islamic capital markets.
Where have you heard about the KSE All-Share Index?
If you are familiar with the Pakistan Stock Exchange then you may have come across the KSE All-Share Index. As of 2015 the Islamic financial market was worth $1.6 trillion and the government reaffirmed its support for the introduction and development of the Islamic financial markets.
What you need to know about the KSE All-Share Index.
This index has been refined by experts representing the State Bank of Pakistan, Securities and Exchange Commission of Pakistan, Mutual Funds Association of Pakistan, Meezan Bank Limited and the Karachi Stock Exchange. The KSE All-Share Index is comprised of 225 companies and almost 50% of all total listed capitalisation. The introduction for new regulatory framework has been implemented for credit rating companies to ensure companies have a high quality credit rating, transparency and independent management in the credit rating process. There has also been work on Shariah compliant trading, which was a historic step in the progress of the Islamic capital markets.
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