13.09.2010 - Islamic ETFs continue to make inroads
From Arabnews.com: Islamic exchange-traded funds (ETFs) continue to make slow but steady market penetration with the recent launch of a gold-based ETF, GoldPlus, launched in Istanbul by Kuveyt Turk Participation Bank, and the imminent launch by BNP Paribas Investment Partners of its second Islamic ETF, which will be listed on Bursa Malaysia. "We see higher growth prospects in Turkey compared with other countries. According to our estimations, our Turkish operation will take the top position among our global subsidiaries in the long term..............................................Full Article: Source
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