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Current Shariah screening method insufficient

Posted on 14 November 2012

The current method used to screen companies for Shari’ah compliance has the potential to misclassify some of the biggest names in the market, according to a new report from Ratings Intelligence.
The current industry status quo is essentially to use an information-based approach, but the report found that such an approach, which has the potential to misclassify some of the biggest names in the international/regional markets, probably is insufficient to maintain the integrity and reputation of the Islamic fund management industry………………………………………..Full Article: Source

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


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