Success of Moslem Sharia Investment Banks
Although the attacks on Islamic sharia resonates around some Moslems still stick to no-interest sharia principle and have established very successful Sharia banks and Islamic mutual funds. In the later case no investments in stocks of corporations that is in the business of alcohol, gambling or pork. They proved very successful and their Islamic mutual funds are recognized in the financial markets and considered attractive in the financial markets with respect. So such institutions invest as well because of the Islamic funds quality performance. So here is sharia adapting and glittering in 2007 and beyond.