QE Al Rayan Islamic Index Press Briefing January 2, 2013 www.qe.com.qa

Development of QE Al Rayan Islamic Index Targeted towards Shari’a ETF launch Index must be investable and tradable Co-branded with Al Rayan Investment (ETF Issuer) As per Shari’a screening methodology of Al Rayan Shari’a Board Common to have customized indices for ETF development Two stage index development process Shari’a screening; provided by product issuer as per respective Shari’a board Index methodology; liquidity screening A weighting scheme for the index has been customized to ensure both tradability and diversification across individual stocks and sectors. Qualifying stocks are ranked according to liquidity adjusted free float market capitalization and then a tiered-weighting methodology is applied where fixed allocations are assigned to individual sub-segments of the basket.

Main Features All stocks in the index are Shari’a compliant Sector Allocation All stocks in the index are Shari’a compliant As per Shari’a Board of Al Rayan Total Return index Meaning the dividends are reinvested in the index Review frequency: semi annual rebalancing First business day of April First business day of October Launch date: January 7, 2013 Sector weightings as of October 2012 rebalance

Al Rayan’s Shari’a compliance methodology Financial Screen Total debt over total assets Sum of a company’s cash and interest-bearing securities over total assets Sum of a company’s accounts receivables and cash over total assets None of the above mentioned financial ratios should exceed 33.33% Sector Screen Alcohol Tobacco Pork Related Products Conventional Financial Services Weapons Gambling/Casinos Music Hotels (except Shari’a compliant hotels) Cinema Adult Entertainment

Weighting Methodology Minimum size criteria: Based on free float weights of all Shari’a compliant stocks (with minimum 5% annualized share velocity), all stocks with weight greater than or equal to 0.5% will be included in the index. Liquidity scaling: A liquidity scaling factor is to be applied to free-float market cap of the stocks whose free float to ADV ratio is less than the average of the index constituents. The factor is applied to reduce the free float of less liquid stock in the index to the effect that the new free float to ADV ratio is equal to index average. Revised ranking: Liquidity scaling results in lowering the rank of less liquid stocks in the index basket. Tiered Weight Structure: Further to above, customized weights are assigned to the index constituents to ensure diversification, such that; weight of top component is 15%, 2nd 12%, 3rd 10%, next two 7.5%, next eight constitute 40% in total, 2nd smallest banding has 2.5% each and bottom two makeup 3%. The weight of the bottom three constituents may be diluted for any new addition to the index.

Constituent Weightings Company Index Weight (as of October 1st 2012 rebalance) No of shares (effective Jan 7th 2013) Indicative weight Jan 7th 2013 Industries Qatar 15.00% 95,030,553 17.07% Masraf Al Rayan 12.00% 395,439,522 11.36% Barwa Real Estate Co. 10.00% 302,164,945 9.61% Qatar Islamic Bank 7.50% 86,823,369 7.57% United Development Company 367,329,638 7.54% Qatar International Islamic Bank 5.00% 85,381,857 5.17% Qatari Investors Group 177,567,050 5.14% Vodafone Qatar 489,772,851 4.97% National Leasing 93,046,617 4.87% Gulf Warehousing Company 111,007,047 4.81% Al Meera Consumer Goods 27,209,603 4.74% Mazaya Qatar Real Estate Development 377,706,182 4.73% Qatar Meat & Livestock 61,901,846 4.22% Medicare Group 2.50% 57,434,703 2.64% Zad Holding Co. 38,755,939 2.38% Qatar Islamic Insurance 1.50% 23,665,131 1.70% Qatar Industrial Manufacturing Company 24,091,529 1.48% Indicative weight Jan 7th is based on close price 31st Dec 2012