As from Jan 6, 2011 a new "Participation Index" (KATLM) will be listed on the IMKB/ISE Istanbul Stock Exchange, sponsored by the 4 Turkish Participation Banks (Albaraka Turk, Bank Asya, Kuveyt Turk and Turkiye Finans) and managed by BMD Bizim Menkul Degerler.
There is an industry screening and financial screening (max 30 % interest bearing debt - max 30 % cash and interest bearing receivables - max 5 % non permissible income model) that is further narrowed down to the 30 biggest companies listed (details HERE).
Unfortunately, the index apparently only targets the interests of Turkish investors, since the website uniquely caters for a Turkish speaking audience.
To give you an idea of the initial industry spread, see hereunder:
Showing posts with label istanbul stock exchange. Show all posts
Showing posts with label istanbul stock exchange. Show all posts
Thursday, January 6, 2011
Wednesday, November 3, 2010
LUXEMBOURG - Luxembourg's Finmin sees incredible opportunities in Istanbul
Luxembourg's Finance Minister Luc Frieden said that he saw incredible cooperation opportunities in Istanbul.
Attending a seminar at Istanbul Stock Exchange (ISE) titled "Financial Cooperation Opportunities between Luxembourg and Turkey" on Tuesday, Frieden said that the EU and Luxembourg had many things to learn from Turkey, adding that Turkey and Istanbul also had lessons to learn from Luxembourg.
Labels:
events,
frieden,
istanbul,
istanbul stock exchange,
luxembourg,
turkey
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