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Malaysia revises Islamic equity standards

Posted on 20 June 2012

Malaysia’s securities commission is revising its guidelines for equities which qualify for Islamic investment, in a move that could increase the appeal of the country’s sharia-compliant funds industry to Gulf investors.
Under the previous standards, investment was banned or restricted in companies that were involved in industries deemed to be unethical, such as gambling, alcohol and tobacco………………………………………..Full Article: Source

 
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