Dow Jones Indexes is set to launch four new indexes for the Middle East and North Africa region, giving investors access to both conventional and Shariah compliant indexes. Note that this index will focus on Saudi Arabia and the standards will be aligned with Wahhabism, the official state religion of Saudi Arabia–and Al Qaeda… http://www.themedialine.org/news/news_detail.asp?NewsID=26203
Deutsche Bank announced today that it has concluded its first swap agreement on the Saudi stock market (Tadawul), a milestone in the Bank’s operations in the Kingdom. The trade was executed immediately following the receipt of the final go ahead from Saudi Arabia’s Capital Market Authority (CMA), the capital market regulator, which very recently took […]
Deutsche to sell Saudi swap agreements By Edward Russell | 26 August 2008 Defination of Tadawul-Tadawul (Arabic: تداول) is the only stock exchange in Saudi Arabia. It is the eleventh largest in the world.[1] The Capital Market Authority supervises the exchange. The Tadawul All-Share Index (TASI) reached its highest point at 20,634.86 on 25 […]
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