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Indian index has a religious edge |
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Tuesday, 22 January 2008 |
The global trend towards socially responsible investing has gone religious in India, with Dow Jones Indexes and its US-based partner investment firm Dharma Investments Ltd launching the Dow Jones Dharma India Index in Mumbai on January 15, the first major faith-based investment product in South Asia.
The Dharma India Index, with 250 Indian companies, features stocks compliant with the code of moral conduct according to Hinduism, teachings of the Buddha and which also incorporate principles of the Sikh and Jain religious tenets - together, ways of life with billions of followers in Asia and forming nearly 20% of the human race.
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Source from Asia Times Online |