04.03.2009 - Philippines considers Islamic stock index

From Reuters: The Philippines Stock Exchange (PSE) said on Tuesday it is considering setting up an index of sharia compliant stocks to compete with the likes of Malaysia in capturing a slice of the Islamic investment market. "We plan to look into it ... to see whether there is potential. Other exchanges in the Asian region are doing it so we might be left behind. We have to study it carefully," PSE President Francisco Lim told Reuters..... Full Article: Source

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