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Islamic U.S. mutual funds flocking to Malaysia

Posted on 17 August 2010

Bryce R. Fegley From Bloomberg: Malaysia is attracting Islamic investment funds from the U.S. seeking higher returns in Asia as growth in developed economies slows.
“Emerging markets is where we see global growth going for the next couple of decades and the source for a lot better opportunities,” Bryce Fegley, chief investment officer at Saturna Sdn., the Malaysian unit of Saturna Capital LLC, the biggest Shariah-compliant stock fund in the U.S., said………………………………………Full Article: Source

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