[lbo-talk] finance capital & shari'ah

Jim Devine jdevine03 at gmail.com
Thu Jun 23 06:50:18 PDT 2005


there are no bonds in the index, since interest is verboten?

On 6/23/05, Doug Henwood <dhenwood at panix.com> wrote:
> [press release]
>
> Dow Jones Indexes and RHB Launch New Index for Shari'ah Compliant Stocks
> New Index Part of Global Dow Jones Islamic Market Index Family
>
> NEW YORK and KUALA LUMPUR (June 23, 2005) - Dow Jones Indexes, a
> leading global index provider, and RHB Securities Sdn Bhd today
> announced the launch of the Dow Jones-RHB Islamic Malaysia Index. The
> new index was developed jointly by Dow Jones Indexes and RHB Research
> Institute Sdn Bhd and will replace the RHB Islamic Index that has
> been in use since May 1996.
>
> The Dow Jones-RHB Islamic Malaysia Index is part of the Dow Jones
> Islamic Market Index series, and follows the methodology of the
> Sharia'h compliant index family. The index, which is based on
> internationally acknowledged Islamic finance standards, has been
> developed specifically to meet the growing demand for Shari'ah
> compliant equity indexes-specifically for the Malaysian market. The
> Dow Jones Shari'ah Supervisory Board, a group of international
> Shari'ah scholars, oversees the execution of the Shari'ah standards
> used by Dow Jones Indexes.
>
> <<Islamic 3 RHB Launch.doc>>
>
> Please find here the press release on the launch of the Dow Jones-RHB
> Islamic Malaysia Index.
>
> If you wish to receive more information, please feel free to contact us.
>
> Best regards,
> your PR team Dow Jones Indexes/STOXX Ltd.
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>

-- Jim Devine "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.



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