Bombay Stock Exchange (BSE)

Sharia investments arrive in India

The recent launch of an Islamic equity index by the Bombay Stock Exchange (BSE), TASIS Sharia 50, received more media coverage globally than India Islamic indexes from the index providers.
A Google search of "Islamic index India" provides 279,000 results, comparable to "Islamic index Malaysia" (270,000), Pakistan (274,000), Saudi Arabia (272,000) and Turkey (259,000), and almost ten times more than the GCC (36,500), at the time this article was written.

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