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

İMKB launches new index to attract Middle Eastern capital

Posted on 10 January 2011

From Todayszaman.com: The İstanbul Stock Exchange (İMKB) launched its first Participation Index comprising 30 listed companies in line with a strategy to attract interest in the country’s Islamic finance sector. The İMKB on Thursday hosted the presentation and signing ceremony of the Participation Index. Bizim Securities will serve as the consultant of the Participation Index, which some have also termed the “Islamic Index.”
Association of Turkish Participation Banks (TKBB) President Fahrettin Yahşi spoke during the ceremony at the İMKB and stressed the importance of the participation banks’ experience in stock trading……………………………………….Full Article: Source

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