Wow, talk about a short memory.
“A large section of Indias Muslim population remains outside the banking system, partly because Islamic law known as Shariah prohibits interest. Shares of companies linked to alcohol, tobacco, gambling and casinos and financial institutions that earn interest would be excluded from the fund. [ ]
Indias stock exchanges have between 600 and 700 companies that are Shariah-compliant”
I must be missing something here. Set up funds so they can invest and get a return on their investment for people that don’t believe it right to give you a return on your investment in them.