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| More Sharia hedge funds on the way |
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| Saturday, 13 March 2010 | |
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KUALA LUMPUR: More Sharia hedge funds are likely to be launched, specialising in healthcare, telecoms and technology stocks, a US financial firm says, as the industry debates how far Islam sanctions such investments. US-based Shariah Capital, which has a long-short Islamic commodities hedge fund, yesterday said a growing number of fund managers would offer sharia-compliant funds as Islam does not constrain profitability. Read More
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