Sharia 50 Index by Bombay Stock Exchange
Posted by mvalappil on Dec 28, 2010 | Leave a Comment
The BSE TASIS Shariah 50 index, launched on Monday, consists of the 50 largest and most liquid Shariah compliant stocks within the BSE 500 Index. It is the first Shariah compliant equity index in India to be publicly disseminated on a real-time basis, providing a new tool for use by Islamic and other socially responsible investors to track the performance of India’s largest and most liquid Shariah compliant stocks.
BSE...
National Bonds revises profit calculation methodology
Posted by mvalappil on Dec 21, 2010 | Leave a Comment
The National Bonds has revised profit calculation methodology for bond holders with effect from 1st January 2011. The revised calculation will be based on a weightage on term of investment. With the new methodology, the longer your savings & investment period, the higher will be your share of profit. As per the present method, no weightage was given for the period of holding and the bond holder was entitled...
Fixed Deposit with Islamic Banks in UAE
Posted by Drops Savings on May 08, 2010 | 2 Comments
Fixed deposit is one option if you need to park your savings for a shorter period, say a year or less. Fixed deposit is for a fixed period from one month to one year or even more. Conventional banks offer a fixed interest rate which varies based on the duration. Islamic banks in UAE give better return compared to its counter part in the conventional banking sector. The rate with Islamic bank is not fixed upfront, but...
Resources for investors
Posted by Drops Savings on Apr 04, 2010 | 1 Comment
There are a plenty of information on internet about investment opportunities. Many of them are junk which often mislead or confuse retail investors. Ignorant and careless people fall victims of those so called experts advices. Undoubtedly there are many reliable and trustworthy sources as well on which can be relied upon. Investors always should double check with multiple sources in order to reduce risk of uninformed...
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