Abu Dhabi – Mubasher: Eshraq Investments has been granted Sharia-compliant status for its shares listed on the Abu Dhabi Securities Exchange (ADX), according to a press release on Sunday.

Eshraq’s shares are eligible for Sharia-compliant investments in accordance with the Sharia parameters set out under the DFM Sharia Standard.

This step is part of the company's investment strategy and objective to regain its Sharia compliance status.

Eshraq’s Chairman, Jassim Alseddiqi, said: "In the past two years, we had multiple requests from our shareholders on having Eshraq shares Sharia-compliant, and today, we have fulfilled our promise to shareholders in this regard."