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

BSE excludes Grasim, Motherson from Shariah Index

Posted on 07 September 2011

India’s premier bourse BSE said it has decided to exclude Grasim Industries and Motherson Sumi Systems from the Shariah Index as these companies have become Shariah non-compliant.
Both these companies will be out of the BSE Tasis 50 Shariah Index from September 12, an exchange official said……………………………………….Full Article: Source

 
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