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See exactly how SPTE's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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SPTE is an ETF designed to track a global index composed of leading information technology companies, all rigorously screened for adherence to Shariah principles. The fund strictly excludes businesses involved in activities deemed non-compliant with Islamic law, such as gambling, tobacco, or alcohol production and sales. Furthermore, companies with financial leverage that contravenes Shariah regulations are also omitted from the index. The benchmark employs a float-adjusted market capitalization weighting system, with individual issuer allocations capped at 10% and country allocations limited…
Taiwan Semiconductor Manufacturing (TSM) returned to sales and earnings growth after four consecutive quarters of declines on a year-over-year basis.
Taiwan-based chipmaker Taiwan Semiconductor Manufacturing (TSM) posted its fastest quarterly revenue growth in more than a year.
SP Funds has added a new fund to its lineup of Sharia-compliant ETFs. The SP Funds S&P World ex-US ETF (NYSE Arca: SPWO) seeks to track the performance, before fees and expenses, of the S&P DM Ex-U.S. & EM 50/50 Shariah Index.