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

Islamic index is launched by exchange

Posted on 10 January 2011

From Gulf-daily-news.com: Turkey’s Istanbul Stock Exchange yesterday launched an index comprising 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 will include discount retailer BIM, Turk Telekom and the main landline operator and builder Enka Insaat, said Avsar Sungurlu, deputy chief executive officer of Bizim Securities, which is consulting for the index……………………………………….Full Article: Source

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