Many Westerners have forgotten that Al Qaeda Jihadist Osama Bin Laden was from one of the wealthiest families in Saudi Arabia and that the Bin Laden family to this day benefits from the largesse delivered from one of the largest companies in the Kingdom. Here’s a reminder. Saudi Binladin Group has dutifully issued a Shariah-compliant bond, […]
Seattle-based Falah Capital is preparing to launch a shariah-compliant exchange-traded fund (ETF) that tracks large US stocks, the latest shariah-compliant product to be issued in the USA. The ETF will be advised by Exchange Traded Concepts and Mellon Capital Management, with Bahrain-based Shariyah Review Bureau acting as shariah advisor. Readers of SFW may wish to […]
