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November 26, 2007
Tokyo Stock Exchange develops stock index for the Middle East 'S&P/TOPIX150 Sharia index', and it delivers it on December 3.
Contributor fuwarin : November 26, 2007 10:34 AM | Categories [Market ]
Tokyo Stock Exchange announced November 21 that they had developed stock index for the Islam investor 'S&P/TOPIX Shariah index' in cooperation with major Standard & Poor's (S&P) the global index calculation ahead. The calculation and the delivery beginning : on December 3. It explains the stock index developed to secure the best investment for the brand for the leading issue that represents Japanese economy and industry. ([Press Release])
The profit keeps single-minded of the expansion by soaring oil prices, and the capital is called "Oil money" in the Middle East nations. And, it invests in each country. However, because taking pork and alcohol and receiving the profit cannot do in the doctrine in Muslim states, it is not possible to invest in the enterprise that does such a business.
Tokyo Stock Exchange selects the brand of the Japan stock there after checking incompatible business conditions and the financial situation such as "Advertisement, media, liquors, finance, gambling, pork, pornography, cigarette, and gold and silver dealings", etc. in cooperation with S&P, and it presents it as a standard of the fluctuation in prices of the brand that the investor in Muslim states can buy and sell. There is an aim said that it will call in "Oil money".
The influence that the buying and selling of Arab and Muslim states in the background of enormous capital power gives stock prices is one very important far from being not able to disregard it element. If it becomes a target noteworthy of "They" by the brand according to the doctrine of Islam and purchase gathers, price hike inevitable (and market are greatly judged from the size of the capital power. )Then, if it forestalls and purchase is put, ...... and a lot of people will think.
A concrete selected issue must be open to the public at the delivery time, December 3. Even the person who may not consider the doctrine of Islam can freely buy and sell those brands of course (ETF that synchronizes with the index to a no bur, and, perhaps, to appear during no long way so now). 「Because 225 Nikkei adoption brand becomes a guideline that the investment fund and the corporate pension buy, the bulk buying enters easily and reliability is also high. Therefore, the case rises more than other brands as an investment outlet. 」There is an established theory. The treatment that the Shariah index adoption brand looks like as long as "Oil money" is alive and well, too is received from the private investor.
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