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Toronto-based Wealthsimple has launched its previously-announced Shariah-compliant exchange-traded fund (ETF) on the NEO Exchange.
This represents the first NEO-listed ETF by Wealthsimple. The NEO Exchange was founded in 2015 and claims to be the third most active marketplace in Canada, representing approximately 13 percent of all volume traded in Canadian-listed securities and almost 100 public listings. The Wealthsimple Shariah World Equity Index ETF marks NEO’s 100th fund listing.
“We applaud Wealthsimple for providing an investment product that addresses the under-serviced but important Islamic community.”
– Jos Schmitt, NEO
Wealthsimple’s new ETF was created to offer investors access to a diversified index of Shariah-compliant stocks. Wealthsimple first announced plans to launch this ETF in the fall as part of its latest push to offer more Halal financial products.
Minor boy dies, two injured in road crashes
Karachi
May 11, 2021
A teenage boy died and two other people were wounded in road accidents in the city on Monday.
A teenage boy died after a vehicle hit him near the Manzil Pump area within the limits of the Shah Latif police station. Police said the deceased, who was yet to be identified, was crossing a road when the accident took place. His body was transported to Jinnah Postgraduate Medical Centre for an autopsy. A case has been registered, while an investigation is underway.
Separately, two men were wounded after a speedy vehicle hit their motorcycle in North Karachi. The injured persons were taken to Abbasi Shaheed Hospital for medical treatment, where one of them was identified as Imran, 28, son of Sultan. The condition of another victim, who is yet to be identified, was said to be critical. Police have registered a case and initiated an investigation.
Boy dies, two others wounded in road crashes
National
May 11, 2021
KARACHI: A teenage boy died and two other people were wounded in road accidents in the city on Monday.A teenage boy died after a vehicle hit him near the Manzil Pump area within the limits of the Shah Latif police station. Police said the deceased, who was yet to be identified, was crossing a road when the accident took place. His body was transported to Jinnah Postgraduate Medical Centre for an autopsy. A case has been registered, while an investigation is underway.
Sanjana: Come on Ram. Friend 1: Are you a kid? What nonsense! He thinks it’s the Kumbh Mela This conversation takes place quite early in the 2004 blockbuster “Main Hoon Na”. Ram Prasad Sharma, a major of the Indian army, is on an undercover mission at a college in Darjeeling, a hill station in north Bengal. He goes to watch a film, “Sholay” (1975), with his new friends and is tasked with buying the tickets. As his friends disperse to get popcorn and other refreshments he asks them to stick together. The throwaway line is one among the many references to popular Hindi cinema of the 1970s to which this film pays self-conscious tribute.