Shariah-compliant trading platform on CSE

17 October 2011 09:56 am - 0     - {{hitsCtrl.values.hits}}


Gaurdian Investment House (GIH) with Capital Trust Securities (Pvt) Ltd. (CTS), has designed a public trading platform that adheres to Shariah values.
The platform named 'The Islamic Securities Account' (ISA) has received the full support of the GIH's Shariah Advisory & Supervisory Board, whose eminent group of internationally respected scholars.
Since the end of the nation's civil war in 2009, the Colombo Stock Exchange (CSE) has seen phenomenal growth. However, members of Sri Lanka's Islamic community were unable to take advantage of this growth due to the lack of Shariah based guidance on the permissibility of investing in respective companies.

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