Thu, Aug 28, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Funds, Performance more

Is the moral high ground profitable?

Posted on 16 July 2010

From Citywire.co.uk: The $2.7 billion Amana Mutual Funds Trust, a sharia-compliant fund, produced a five-year annualized return of 6.76%, according to Morningstar. It posted these results despite conforming to Islamic principles which means the fund avoids earning interest or investing in companies that do.
From the outset these funds clearly outline which stocks or companies they consider unsuitable, according to their religious beliefs……………………………………….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.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031