Thursday, 14 January 2010

Shariah-compliant companies

Shariah-compliant companies can’t run casinos or sell tobacco, alcohol, pork, or pornography. Also, debt can’t exceed 30 percent of equity.

http://www.businessweek.com/news/2010-01-13/mobius-says-templeton-may-set-up-shariah-compliant-equity-fund.html

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