29.07.2009 - How do ETFs fit in with Islamic finance?
From Zawya.com: ETFs and Islamic finance can work very efficiently. This is especially true in the case of physically-based iShares ETFs where you have a combination of Shari'ah-compliant ETFs that own the underlying securities in the index. This is a significantly better structure than swap-based ETFs where there can be confusion surrounding the Shari'ah-compliant nature of the swap-based derivative structure.........Full Article: Source