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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