06.10.2009 - U.S. fund manager plans Islamic ETF in Q1 2010
From Reuters: U.S. fund manager Florentez Investment plans to launch an Islamic exchange traded fund next year, broadening the limited choice of sharia assets available in the world's top economy, its chief executive said on Monday. The fund, which is awaiting regulatory approval, will track the FTSE Sharia USA Index which measures the performance of large and mid-cap Islamic stocks, Florentez CEO Saeid Hamedanchi said.................Full Article: Source
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