Browsing All Posts published on »August 9th, 2007«

When hedge funds meet Islamic finance

August 9, 2007

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By JOANNA SLATER, The Wall Street Journal HAYMARKET, Va. One recent afternoon, New York money manager James Rickards presented Sheik Yusuf Talal DeLorenzo with a dilemma: Could his hedge fund be Islamic-friendly? Islam prohibits all kinds of speculative behavior that is embedded in Wall Street’s DNA. But Mr. DeLorenzo, a Massachusetts-born convert to Islam, is […]

Muslims garner 2 of top 3 spots on Hamtramck council ballot

August 9, 2007

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August 8, 2007 By NIRAJ WARIKOO FREE PRESS STAFF WRITER In a display of their emerging political power, Muslims were two of the top three vote-getters in Tuesday’s primary election in Hamtramck for City Council. Shahab Ahmed, an incumbent, received 574 votes, the most out of 12 candidates on the ballot. Delawar Mohamed Hussain came […]

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