| 07.07.2008 Opalesque Exclusive: How to create Sharia compliant hedge funds |
| By Matthias Knab: In June 2003, Newedge Prime Brokerage (then known as Fimat), together with Ratings Intelligence, started to work on creating a Sharia-compliant prime brokerage platform. Ratings Intelligence also serves as the Sharia advisor to S&P and other financial institutions. Newedge then supported the launch of the first Sharia compliant fund in August 2005, and in October 2006 two more fu |