Identify how many Sharia-compliant stocks are listed in Bursa Malaysia.
Explain the term shariah compliant stock.
How many countries have these I-stocks? Name these countries.
Identify how many Sharia-compliant stocks are listed in Bursa Malaysia.
In addition, the following further information is required. a. When does this I-stock first start? b. What are the sectors/industries that have the most I-stock? c. Why is this the case (as in b)? d. Are the financing of these companies based on Shariah? e. Do they have internal shariah research/review or auditing? f. State the composition of the board of directors.
Set out the legal or statutory requirements that the public listing Companies have to fulfill in order to obtain recognition as shariah Compliant stock.
