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Islamic Finance Briefing - Categorized | Islamic Hedge Funds, Market Moves more

A hedge fund that can’t invest in any vices that aren’t compliant with Shariah killed it last year

Posted on 01 April 2010

From sfgate.com: Get this: Middle East emirate’s first fund of funds, which was launched at the beginning of 2009, beat comparable indexes by posting a 41% return last year without taking on any debt.

Is that even possible? According to the Wall Street Journal, yes. A new fund of funds, Dubai Shariah Asset Management (DSAM), invests only in shariah-compliant strategies……………………………….Full Article: Source

 
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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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