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Shariah-compliant equities deliver positive returns

Posted on 22 July 2009

From Globalarabnetwork.com: Stocks deemed to comply with Islamic law delivered positive returns during the second quarter of 2009 according to Standard & Poor’s, the world’s leading index provider.

In the recently published S&P Shariah Report, the S&P Global BMI Shariah Index produced returns of 18.93% over the second quarter to June 30, 2009. This compares to the non-Shariah Global BMI Index, which returned 23.89% in the same period……..Full Article: Source

 
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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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