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With last week’s IT loss, markets to consolidate

The week began with losses led by Infosys post its poor results and guidance for the upcoming year. Markets lost on three of the five trading sessions and gained on one. The fifth session which was the last day of the trading week remained flat.

Is there a third way for social equity markets?

From a philosophical point of view, Islamic financial markets are actually risk-sharing stock markets with moral issues defined by the shariah. So far, few Muslim countries have used stock markets to make social change. A third way therefore is already technically feasible. All it takes is some courage to think and act outof-the-box.