19.11.2008 - Shariah commodity tools bet on future
From Gulf-times.com: While much of the financial community is pulling out of commodities and commodities stocks, the Dubai government is investing $200mn in a new platform for funds to buy commodity stocks that comply with Islamic law, Shariah, on the expectation that prices are bound to recover. With low debt a key requirement for Shariah investments, commodity companies tend to be a perfect fit because they often have low levels of debt and as a result will benefit as the Shariah market expands in Dubai and abroad..... Full Article: Source
Print