By Michael Heise, chief economist Allianz Group/Dresdner Bank
Euromoney's coverage of past short selling regulations and questionable events is worth a look today
Tuesday, April 1, 2008
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You can call these funds what you like, but they are not Shariah-compliant.
A hedge fund manager questions the legitimacy of hedge funds in Islamic finance. Still, he plans to launch – wait for it – a Shariah-compliant fund of hedge funds in the US