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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Market Moves, New Launches more

Istanbul stock exchange launches Islamic-style index

Posted on 07 January 2011

From Reuters: Turkey’s Istanbul Stock Exchange on Thursday launched an index comprised of 30 listed companies that comply with Sharia banking principles as the country seeks to attract interest in its burgeoning Islamic finance sector.

The Participation Index .KATLM will include discount retailer BIM, Turk Telekom, the main landline operator and builder Enka Insaat, said Avsar Sungurlu, deputy CEO of Bizim Securities, which is consulting for the index…………………………………….Full Article: Source

 
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