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Sri Lankan firm launches a “Shariah compliant stock market investment plan”

Posted on 08 August 2012

Sri Lanka’s Innovest Investments has launched an “Islamic Shari’ah Compliant Investment Plan” which comprises of only Shari’ah compliant stocks traded on the Colombo Stock Exchange.
The company says, with this scheme in operation, investors who prefer to avoid interest or Riba can now limit their investments to shares from a basket of Shari’ah compliant companies………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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