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India woos Muslim investors with new stock index

Posted on 14 February 2011

From AFP: India’s stock market has traditionally been dominated by Hindu investors but the country has taken a step towards financial inclusion with the creation of a new index compliant with Islamic law.
The Bombay Stock Exchange, Asia’s oldest stock market, has launched the TASIS Shariah 50 in an attempt to open stock-trading to more of the country’s vast Muslim population……………………………………….Full Article: Source

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