ITSS ETF
a portfolio of global companies in accordance with the strict norms of Islam
The purpose of the foundation
The ITSS ETF reflects the dynamics of the ITS Shariah index. The index is calculated based on the prices of the 30 largest companies that meet the requirements of Sharia and apply to ITS.
Compliance with the norms of Islam
- Screening of global market stocks and the ITSS basket by an independent Sharia expert from Sahih
- Monitoring of all actions of the management company Sharia Law By the IPS Capital Board
- Monitoring the composition of the AFSA fund
Advantages of ITSS
Shariah-compliant
Special Sharia screening and control. 3 international independent directors headed by Mufti Muhammad Ibrahim Issa (Pakistan)
Available
ITSS is placed at $10, the lot is equal to 1 share
Balanced
Diversification by issuers and industries
Beneficial
It has a listing on AIX – you don't have to pay taxes, unlike foreign ETFs.
Plain
Clear and safe for beginners – the largest companies in the world are part of it
Profitable
Long-term growth of exchange value in hard currency, dividend income
Liquid
You can buy and sell at any time with a minimum spread (about 0.5 cents)
Cost of management (TER) – 0.5%
The Foundation's results
During the backtest period from May 7, 2020 to August 9, 2023, the ITSS index demonstrated dynamics similar to recognized global Sharia indexes and significantly outperformed gold.
Portfolio composition
The funds are distributed among 30 issuers. The weight of one company cannot exceed 10% of the asset value.
ITS reviews the index calculation base and rebalances it once a month, on the 4th. The index values are updated in real time from 11:00 a.m. to 03:00 a.m. the next day, Astana time, during trading hours on ITS.
Top 10 components
| Тикер | Компания | ISIN |
| AAPL | Apple Inc. | US0378331005 |
| GOOG | Alphabet Inc. Class C | US02079K1079 |
| MSFT | Microsoft Corporation | US5949181045 |
| NVDA | NVIDIA Corporation | US67066G1040 |
| AVGO | Broadcom Inc. | US11135F1012 |
| LLY | Eli Lilly and Company | US5324571083 |
| TSLA | Tesla, Inc. | US88160R1014 |
| V | Visa Inc. | US92826C8394 |
| XOM | Exxon Mobil Corporation | US30231G1022 |
| ORCL | Oracle Corporation | US68389X1054 |
How to buy ITSS ETF
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