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☆ Financial standard-setting board discusses Islamic finance
  + stars: | 2024-05-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIslamic Financial Services Board says technology could improve Islamic finance traceabilityGhiath Shabsigh of Islamic Financial Services Board says the nature of Islamic finance help address traceability concerns for financial contracts.
Organizations: Islamic Financial, Board
☆ Saturna Capital's 3 stock funds are all out-earning their competitors while sticking to Islamic investing rules. Its managers told us how the combination works.
  + stars: | 2023-05-05 | by ( Marley Jay | ) www.businessinsider.com   time to read: +5 min
Saturna follows Islamic rules, which also prohibit speculation and profiting from interest. The firm's Amana Income fund is the fourth-best US large company stock fund over the 12 months that ended March 31, according to Kiplinger. The firm's Developing World Fund has out-returned 92% of competing funds over the last five years. Scott Klimo is the chief investment officer and co-manages three stock funds for Saturna Capital. Buying an unprofitable or high-priced growth stock and hoping it goes on a rocket ride is not.
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