26 May Question The use of ratios is included because of the growing importance of investment in
Question
The use of ratios is included because of the growing importance of investment in SHARIAHCOMPLIANT COMPANIES. Islamic banking is gaining popularity all over the world with aforecast that investment worth $100 billion USD will be made globally in this system by2010.
There are many major multinationals companies (MNEs / MNCs) included in SHARIAHINDICES including companies such as Google Inc, Exxon Mobil Corp., GlaxoSmithKlineplc, Siemens AG, Samsung Electronics, International Business Machines Corp., Nestle SA,and Coca-Cola.
A number of indices have been created which only include companies that are shariahcompliant such as the MSCI Global Islamic Indices and the Dow Jones Islamic Index.Required:
Do a Research or literature review on the any ONE of the TWO above listed Islamic Indexand report your findings.
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