Sat, May 25, 2013
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Funds, Performance more

Amana stays ahead of faith-based funds

Posted on 29 December 2008

From FT: In a dire year for mutual funds, the Amana Trust Income Fund, the main Muslim investment fund, has trumped those from all other faiths in the US by losing only 25.8 per cent of its value for the year – half the average 44 per cent loss for US stock funds.

The two Amana funds, which invest according to Islamic principles, are seeing such strong inflows that they are having difficulty finding enough stocks to buy….. Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
May 2013
M T W T F S S
« Apr    
 12345
6789101112
13141516171819
20212223242526
2728293031