VOL. XLII

No. 04

25-January-1999

GENERAL

TII And FTSE Launch Islamic Benchmark Index

The International Investor (TII) and FTSE Internationallaunched on 11 January a series of Global Islamic indices which will trackpublicly traded companies which comply with Shari'a restrictions andprinciples. The indices will be compiled from companies listed on theFT/S&P Actuaries World Index, and companies whose core activities are, orare related to, banking or other interest-related activities, alcohol,...