22.06.2009 - Islamic funds outperform peers

From Business24-7.ae: GCC-focused Islamic funds have registered average returns of 16.8 per cent year-to-date (YTD), outperforming their conventional peers, which have managed just 14.2 per cent. Out of the 40 GCC-focused funds analysed by this paper, 20 were Islamic funds while an equal number were conventional. The average YTD returns of all funds analysed stood at 15.5 per cent.........Full Article: Source

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