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The Islamic fund: Religious take on socially responsible investing

Posted on 02 July 2010

From Favstocks.com: Islamic fund is an investment fund that is managed according to the Sharia law. The law is based on Islam’s sacred texts. In many ways, the resulting policies often overlap with the goals of socially responsible investing.
Socially responsible investing is the term for investment practices that try to earn profit in a socially responsible way without hurting the investors’ bottom lines. Like socially responsible investors, Islamic investors seek to minimize risk, contribute to social causes and avoid contributing to industries that they view as damaging to the public good……………………………………….Full Article: Source

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


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