111985

Thanks to Allyson Taylor for calling our attention to this development.

Passport Capital of San Francisco, a hedge fund company, recently invested in Shuaa Capital in the UAE, a Shariah Compliant financial organization.

http://www.meed.com/news/2008/10/us_hedge_fund_buys_12_per_cent_of_shuaa_capital.html

Staying true to the lack of disclosure rampant in the Shariah-Compliant Finance industry, no mention has been made of this on Passport’s American web site…

http://www.passportcapital.com/home

 

Leave a Reply

Looking for something?

Use the form below to search the site:


Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!