Definition
Unlike the KMI-30, this index includes all stocks that pass Shariah screening regardless of size or trading activity, giving a fuller picture of the Islamic-eligible universe. Stocks that fail minimum free float or trading-day thresholds may be flagged as a separate illiquid category.
Worked example
An investor comparing the KMI-30 against the KMI All Share Index can see whether the rally is broad or concentrated in a few large Shariah names.