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Allied Assets Advisors Fund (view source)
Revision as of 01:38, July 14, 2009
, 01:38, July 14, 2009no edit summary
==Background==
==Background==
The Islamic financial world demands compliance with Shariah Law for all monetary transactions. This means dealing with companies which precludes alcohol, tobacco, pornography, gambling, and defense. In addition, excludes other forms of entertainment, such as hotels, music, and cinema, as well as pork-related products. Most distinctive of Shariah is that it is unlawful to charge fee on a debt, namely interest, precluding many banks and financial institutions as "impure." Any company that derives more than 5 percent of its income from interest, or any which has substantial debt, is excluded from the Islamic Index. The Index currently consists of 233 companies, with an average market capitalization of $27.7 billion and a median capitalization of $5.7 billion.
The Islamic financial world demands compliance with Shariah Law for all monetary transactions. This means dealing with companies which precludes alcohol, tobacco, pornography, gambling, and defense. In addition, excludes other forms of entertainment, such as hotels, music, and cinema, as well as pork-related products. Most distinctive of Shariah is that it is unlawful to charge fee on a debt, namely interest, precluding many banks andDOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! DOUBLE NIGGER!!! financial institutions as "impure." Any company that derives more than 5 percent of its income from interest, or any which has substantial debt, is excluded from the Islamic Index. The Index currently consists of 233 companies, with an average market capitalization of $27.7 billion and a median capitalization of $5.7 billion.
==Controversy==
==Controversy==