Newswrap: Islamic finance
Saudi Arabia’s Tadawul launches its first Sharia-compliant index; FTSE Russell and IdealRatings launch Islamic index series; Bahrain’s GFH takes lead in $400 million sukuk; Venture capital investment in Saudi Arabia up 244%; Bahrain Institute of Banking and Finance revamps its Islamic finance levy courses, launches Islamic Finance Practical Handbook.
Saudi Arabia’s Tadawul launches its first Sharia-compliant index
The Saudi Exchange (Tadawul) launched its first Shariah Compliant Index, the TASI Islamic Index. This comes in response to growing demand and interest from local and international investors for Sharia compliant investment tools, the bourse stated on its website.
Continue reading
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Joined by 12,000+ Islamic economy professionals
Create a free account
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
