www.iina.me - BAKU (Azerbaijan), 24 Rabi al-Thani/17 March (IINA)-The unified stock index of the Organization of Islamic Cooperation (OIC) will facilitate the development of the financial sector. It will allow the Muslim companies to more actively operate on stock trading. As it is known, the constraints imposed by Sharia law, in fact, excluded many companies from the Muslim countries from the financial business sector.
OIC member-countries intensified the operations to create a single stock index. The Department for OIC affairs under the Turkish Development Ministry, which is one of the most active participants in this process, indicated that the work on the establishment of an Islamic stock index has been conducted for five years. There is growing interest in this process among many Islamic countries. (source)
Showing posts with label stock market. Show all posts
Showing posts with label stock market. Show all posts
Subscribe to:
Posts (Atom)