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Amana White List as at 11th January 2013

+5
smallville
Slstock
kukumarx
glwking
bakapandithaya
9 posters

Go down  Message [Page 1 of 1]

1Amana White List as at 11th January 2013 Empty Amana White List as at 11th January 2013 Sun Jan 20, 2013 10:10 am

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics



http://amanaasset.com/whitelist.html

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

Just wondering why KGAL is not listed in the white list, while NAMU and MASK are listed. KGAL, NAMU and MASK are under the same parent company.

kukumarx


Manager - Equity Analytics
Manager - Equity Analytics

bakapandithaya wrote:

http://amanaasset.com/whitelist.html



What is a white list?

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

kukumarx wrote:
bakapandithaya wrote:

http://amanaasset.com/whitelist.html



What is a white list?
For your information,

http://www.ft.lk/2011/05/06/amana-makes-the-%E2%80%98white-list%E2%80%99-public/
http://forum.srilankaequity.com/t2319-shariah-compliant-shares

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

KGAL has an assert which is not involved in plantations ;-)


glwking wrote:Just wondering why KGAL is not listed in the white list, while NAMU and MASK are listed. KGAL, NAMU and MASK are under the same parent company.

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

slstock wrote:KGAL has an assert which is not involved in plantations ;-)


glwking wrote:Just wondering why KGAL is not listed in the white list, while NAMU and MASK are listed. KGAL, NAMU and MASK are under the same parent company.
Thanks for your information. I need to dig more in to KGAL to find out why it is not white listed. As my understanding, KGAL is a pure plantation company. What are other business activities handling by KGAL other than plantation?

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Well for u to understand the why KGAL is not there, first u may want to study what is sharia compliant and how they asses it imo..

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

Though I don't know have a deep knowledge in Sharia compliant, I do have some basic idea. I am trying my best to limit my investments based on while list issued by amana.

Unfortunately KGAL is one of my favorite share.
smallville wrote:Well for u to understand the why KGAL is not there, first u may want to study what is sharia compliant and how they asses it imo..

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


BTW, am now confused why RCL is in the whitelist as they will have similar issue as KGAL ha
s.

glwking wrote:
slstock wrote:KGAL has an assert which is not involved in plantations ;-)


glwking wrote:Just wondering why KGAL is not listed in the white list, while NAMU and MASK are listed. KGAL, NAMU and MASK are under the same parent company.
Thanks for your information. I need to dig more in to KGAL to find out why it is not white listed. As my understanding, KGAL is a pure plantation company. What are other business activities handling by KGAL other than plantation?

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics


do the companies have to pay money for the rating company to get their name on the list ? Evil or Very Mad

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

WildBear wrote:
do the companies have to pay money for the rating company to get their name on the list ? Evil or Very Mad
It is listed based on certain criteria,
http://amanaasset.com/whitelist-criteria.html
Companies don't have to pay anything for the screening.

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics

The list will be changed next time.

Last time I saw CSD, but this time it is not here. Same, last time FLCH, LITE not here. It came this time.

So, we should take care always before going 2 invest

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

Baka, CSD is white listed,
bakapandithaya wrote:The list will be changed next time.

Last time I saw CSD, but this time it is not here. Same, last time FLCH, LITE not here. It came this time.

So, we should take care always before going 2 invest

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics

glwking wrote:Baka, CSD is white listed,
bakapandithaya wrote:The list will be changed next time.

Last time I saw CSD, but this time it is not here. Same, last time FLCH, LITE not here. It came this time.

So, we should take care always before going 2 invest

sorry,

Thnkx

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I think This white list only applicable to Muslim community who believes shariah. Others should not care of these religious believes when they make investment decisions, instead they we should rely on company balance sheets. Otherwise this is going to be a Scam like 'Halal Products" in Sri Lanka

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

WildBear wrote:I think This white list only applicable to Muslim community who believes shariah. Others should not care of these religious believes when they make investment decisions, instead they we should rely on company balance sheets. Otherwise this is going to be a Scam like 'Halal Products" in Sri Lanka
100% correct. This is only for Muslims, if they wish to invest only in Sharia compliant companies. Others no need to worry about white list. Sorry, if there is a misunderstanding.

maalinda


Manager - Equity Analytics
Manager - Equity Analytics

Who cares about this. This has nothing to do with health of a business.

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

bakapandithaya wrote:

http://amanaasset.com/whitelist.html
Thanks Very Happy

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics

maalinda wrote:Who cares about this. This has nothing to do with health of a business.
If you don't care, you can just keep quiet. There are people who are concern about this. Let them take care.

speculater

speculater
Senior Equity Analytic
Senior Equity Analytic

glwking wrote:
maalinda wrote:Who cares about this. This has nothing to do with health of a business.
If you don't care, you can just keep quiet. There are people who are concern about this. Let them take care.

Thanks brother......

In white list companies equity should more than 40%. May be we can see less relatively less finance cost.

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