Stock markets in selected OIC countries

Capital markets in Islamic economies tend to be somewhat limited in scope. This deficiency hinders economic growth. Prerequisites for a stock market include adequate local businesses, a sound tax system, and a sufficient savings rate. Just as some of these conditions may differ from one country to the next, costs can vary depending on a country's degree of development, especially in regard to its financial market. The stock markets of Bangladesh, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Morocco, Pakistan, and Turkey may be examined and compared with respect to their profitability, market capitalization, number of listed domestic companies, value traded, and valuation indicators. A strong securities market is important. Some suggestions may aid the development of capital markets.