07.11.2008 - Hedge funds home in on Islamic investors
From Finalternatives.com: Faced with increasingly wary Western investors, hedge funds are setting their sights on untapped capital pools in the Middle East. Wealthy families from the region are looking for sources of investment returns outside the region, and are growing more receptive to alternative investments like hedge funds. For Western fund managers, however, this financial lifeline often comes with conditions in the form of Islamic laws, also known as Shariah, which lay out a moral code for how money can be used and, more importantly, how it cannot be used...... Full Article: Source