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Thailand: MFC Asset Management joind SET to launch Islamic index.
(From Thai Press Reports)
Section: Corporate News - MFC Asset Management will join with the Stock Exchange of Thailand to launch a new Islamic index aimed at attracting more investors from the Middle East, the Bangkok Post reports.
Setaput Sutiwart-Narueput, a SET vice-president, said the exchange would work with global index providers such as the Dow Jones, FTSE, Standard & Poor's and MSCI to launch a co-branded index.
"An Islamic index is a product that can help boost the number of overseas investors," Mr Setaput said.
The SET plans to canvass index providers next month on the idea and sign an agreement in September. Each index provider …
