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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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Islamic Finance Briefing - Categorized | Emerging Trends, Investment more
India woos Muslim investors with new stock index
| Posted on 14 February 2011 |
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