http://www.menafn.com/qn_news_story_s.asp?StoryId=1093275949

 

2 Responses to S&P in new deal with National Bank of Abu Dhabi for Islamic Index

  1. Wouldn’t quarterly review of Sharia compliance result in higher administrative fees for the index? (And lower returns?)

  2. shariahfinancewatch says:

    It would almost HAVE to. They’re adding another layer of review, which requires staff. And these Shariah Scholars don’t work for peanuts.

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