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ikkyu2 (99.51)

Past Time for Shariah Index

Recs

2

November 21, 2007 – Comments (3)

In a previous post I stated that the still-under-construction Shariah funds looked promising to me because they were completely shielded from the subprime mess due to Shariah prohibitions against usury.

The Associated Press agrees:

"In fact, this year the Standard & Poor's 500 index would have returned 8 percent if it were not for financial services. It is the biggest sector, accounting for 19 percent of the index, and has lost 12 percent this year."

Retail investors are clamoring for the MSCI Shariah 500 Index, Morgan Stanley!  Get off your duff and get it onto the exchanges! 

3 Comments – Post Your Own

#1) On November 21, 2007 at 1:32 PM, ikkyu2 (99.51) wrote:

Bah, broken links.  Here are the links in question:

 

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=14807&t=01000225485554971513

 

http://seattletimes.nwsource.com/html/businesstechnology/2004017331_stoxcenter16.html?syndication=rss

 

I don't know why I bother with this blog.  The off-topic commenters - no way to moderate them - combined with the lack of a markup guide put us right at the cutting edge of 1987 Usenet news://net.stocks cutting edge technology.

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#2) On November 21, 2007 at 5:34 PM, abitare (99.38) wrote:

A rec, for doing your homework, for once. ;)

So did you like the song or what? The guy has tallent?

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#3) On November 21, 2007 at 6:31 PM, ikkyu2 (99.51) wrote:

I would like you to keep your off-topic comments in your own blog.

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