By Lawrence Carrel TheStreet.com Senior Writer 12/24/2007 6:13 AM EST Islamic law prohibits the collection and payment of interest. That means mutual funds aimed at Muslim investors must avoid financial services stocks. This proved to be a winning formula in 2007, when Wall Street finally paid the price for several years’ worth of predatory lending […]
"Let there be no compulsion in religion. Truth stands out clear from error; whoever rejects evil and believes in God has grasped the most trustworthy hand-hold that never breaks. And God hears and knows all things." - (The Qur’an, Al-Baqarah, 2: 256)
December 27, 2007
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