Islamic Investment Funds Like UPS

Discussion in 'Current Events' started by Anon, May 30, 2007.

  1. Anon

    Anon Guest

    From Motley Fool:
    An Islamic fund
    Christians aren't alone in sporting their own mutual funds. The Amana fund family invests its funds in companies according to Islamic principles, which include avoiding interest, gambling, pornography, liquor, and pork. Both the Amana Trust Growth fund and the Amana Trust Income fund have respectable, market-beating records. The latter's top holdings recently included United Parcel Service (NYSE: UPS) and Procter & Gamble (NYSE: PG).