Anyone who says that Shariah is not coming to America needs to wake up and take note of this article in which it is revealed that US-based Shariah Capital is part of a $200 million launch of a Shariah-Compliant hedge fund.

Note also, however, that┬áDeutsche Bank launched a similar vehicle and it received no market interest. Perhaps this is why the government of Dubai, part of the Taliban- and Al Qaeda-backing United Arab Emirates, has had to pony up the capital to get this fund started…

http://www.thenational.ae/apps/pbcs.dll/article?AID=/20090310/BUSINESS/689678003/-1/OPINION

 

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