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Islamic funds make gains by avoiding companies deep in debt

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Wed, 2007/05/23 - 13:48 by Muslim Investor

The Christian Science Monitor has a good article on Muslims investing in companies in accordance to their faith and principles, avoiding banks and lending institutions, as well as companies who derive most of their income from interest.

Other rules are mentioned about what can be invested in.

The article covers Amana Fund, Azzad Fund, and other Islamic mutual funds.

Read more at G. Jefferey MacDonald : A market edge for Muslims: Islamic funds make gains by avoiding financial services firms and those deep in debt.

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