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Halal index is new Islamic investment frontier

Posted on 18 April 2011

The newly launched Socially Acceptable Market Investments (Sami) Halal Food Index has a market capitalisation in excess of $114 billion (Dh418 billion). The world’s first Halal Food Index was unveiled at the opening of WHF 2011 by Tun Abdullah Ahmad Badawi, former Malaysian prime minister.

Experts say the index will be a bridge-builder for Islamic funds, exchange-traded funds and sukuks as well as for global non-Islamic investors interested in the emerging food sector. Here are some basic facts about the index and its role in the future of Islamic investing………………………………………Full Article: Source

 
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