文章基本信息

标题：SHARIAH COMPLIANT STOCKS IN INDIA- A VIABLE AND ETHICAL INVESTMENT VEHICLE
本地全文：下载
作者：P. Natarajan ; M. Dharani
期刊名称：Arabian Journal of Business and Management Review
电子版ISSN：2223-5833
出版年度：2012
卷号：1
期号：6
出版社：Sohar University, Oman and American University of Kuwait
摘要：Out of the 3450 companies, 628 companies based on the business and industry and 1887 companiesbased on the accounting ratio are not treated as the Shariah Compliant stocks. Only 935 companies among the 3450 are following the Shariah investment principles and consi dered as the Shariah Compli ant stocks in Indianstock market. In term of percentage, 27 percent of the compani es are consi dered as the Shariah Compliant stocks with the market capi talizati on of Rs 38,58,716 Cr. out of total market capital ization of Rs. 67,76,437 Cr. It shows that around 57 percent of the market capital ization isbel onging to 27 percent of companies in Indianstocks market. This clearly indicates that Shari ah Compliant stocks have been performing well i n the stock market and many large companies are having Shariah Compli ant stocks