Tuesday 15, April 2008 by

Morocco, Egypt and Nigeria deliver strong returns for Shari’ah investors

Equity markets in Morocco, Egypt and Nigeria delivered the highest returns for investors in companies deemed to comply with Islamic law during the first quarter of 2008, Standard & Poor’s Global Benchmark Shari’ah Index Series has revealed. Conversely, Shari’ah compliant equities in Turkey, China and India experienced the largest declines over the quarter.

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