Aside from prohibited sports

Aside from prohibited sports, a listed company’s interest-bearing debt, deposits and funding have to no longer exceed 30 percent against the 12-month trailing common marketplace capitalization. Accounts receivables must not also exceed 67 percent against the 12-month trailing common marketplace capitalization.

The PSE intends to draw some of the $1.3 trillion of world Islamic budget, which incorporates Shariah compliant equity finances throughout the globe, to the nearby marketplace.

The PSE commenced the quarterly listing of Shariah compliant shares in December 2013.

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