CSL top stock in Australia's first Islamic index
2/1/2012 12:53:54 PM
The Australian financial services sector has taken another step in wooing regional investment through the creation of an Islamic equities index.
The Thomson Reuters Crescent Wealth Islamic Australia index launched today to tap the burgeoning Islamic-financemarket domestically and abroad. The index is made up of 143 stocks filtered to exclude banking and traditional financial shares in favour of companies whose businesses meet Islamic principals.
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