01.04.2010 - A hedge fund that can't invest in any vices that aren't compliant with Shariah killed it last year
From sfgate.com: Get this: Middle East emirate's first fund of funds, which was launched at the beginning of 2009, beat comparable indexes by posting a 41% return last year without taking on any debt. Is that even possible? According to the Wall Street Journal, yes. A new fund of funds, Dubai Shariah Asset Management (DSAM), invests only in shariah-compliant strategies.....................................Full Article: Source
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