14.02.2011 - Shariah investments arrive in India
From Gulfnews.com: Has India finally reached an inflexion point for Islamic finance or will this be another trial balloon bursting before achieving the right altitude? The recent launch of an Islamic equity index by the Bombay Stock Exchange (BSE), TASIS Sharia 50, received more media coverage globally than India Islamic indexes from the index providers. A Google search of "Islamic index India" provides 279,000 results, comparable to "Islamic index Malaysia" (270,000), Pakistan (274,000), Saudi Arabia (272,000) and Turkey (259,000), and almost ten times more than the GCC (36,500), at the time this article was written..............................................Full Article: Source
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