Halal stock market investments arrive. No alcohol, gambling, pork, pornography, tobacco and other non-Shariah compliant products are not included.
Standard & Poor’s said it launched a fully investable S&P Pan Asia Shariah Index, which draws stocks from nine Asian markets in the S&P Citigroup Global Equity Index. The new index will enable Islamic investors to benchmark their investment on a regional basis, and give product providers the opportunity to develop structured products tailored to the Islamic market, S&P said.
Source: S&P launches fully investable Pan Asia Shariah Index for Islamic investors - Forbes.com. More info on Yahoo Finance News and MSN MoneyCentral. We like the use of the term ‘Islamic investors’. How about Muslim investors?
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