ACC207 -Corporate Accounting and Financial

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The use of ratios is included because of the growing importance of investment in SHARIAH COMPLIANT COMPANIES. Islamic banking is gaining popularity all over the world with a forecast that investment worth $100 billion USD will be made globally in this system by 2010.
There are many major multinationals companies (MNEs / MNCs) included in SHARIAH INDICES including companies such as Google Inc, Exxon Mobil Corp., GlaxoSmithKline plc, Siemens AG, Samsung Electronics, International Business Machines Corp., Nestle SA, and Coca-Cola.
A number of indices have been created which only include companies that are shariah compliant such as the MSCI Global Islamic Indices and the Dow Jones Islamic Index. Required:
Do a Research or literature review on the any ONE of the TWO above listed Islamic Index and report your findings.

    • 10 years ago
    ACC207 -Corporate Accounting and Financial (USER GUIDE)
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