From Businessweek.com: Mark Mobius, who oversees $33 billion in emerging-market securities as chairman of Templeton Asset Management Ltd., said he’s looking into setting up a Malaysia-based stock fund that’s compliant with Islamic law.

“This is a twinkle in our eye rather than a real plan,” Mobius said in a telephone interview today. “We are at the planning and study stages. It depends on the clients.”………………………………….Full Article: Source