The Muscat Securities Market has launched a ‘Sharia Index’ (MSMSI) aiming at measuring the performance of Shariah-Compliant companies that pass AAOIFI compliance with the Shariah investment principles. With this launch, more individuals and corporates are expected to make use of the Shariah financial offerings in the country.

SFW readers may recall that AAOIFI’s Shariah advisory board is headed by the Jihadist scholar Taqi Usmani…




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