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

When hedge funds meet Islamic finance

August 9, 2007


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


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 […]