{"id":11191,"date":"2009-02-10T19:16:44","date_gmt":"2009-02-10T19:16:44","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/muslim_investors_profit_by_adhering_to_faith\/"},"modified":"2009-02-10T19:16:44","modified_gmt":"2009-02-10T19:16:44","slug":"muslim_investors_profit_by_adhering_to_faith","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=11191","title":{"rendered":"Muslim investors profit by adhering to faith"},"content":{"rendered":"<p>As credit markets have imploded, triggering a global economic crisis, Islamically correct investors have seen a change of fortune: The conservative principles this small group of devout Muslims clung to during the economic heyday has insulated them from the worst of the past year&#8217;s suffering.<\/p>\n<p>Their renunciation of the interest-based economy kept them away from investments in financial services companies, whose stocks have collapsed, and out of traditional mortgages.<\/p>\n<p>&#8220;There was a time two or three years ago that Islamic finance was considered simply too conservative,&#8221; said Professor Ibrahim Warde, author of &#8220;Islamic Finance in the Global Economy&#8221; and an adjunct professor at the Fletcher School of Law and Diplomacy at Tufts University. &#8220;Right now, many people are recognizing that maybe it wasn&#8217;t such a bad thing.&#8221;<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2009\/02\/09\/MN2D15J4HD.DTL\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As credit markets have imploded, triggering a global economic crisis, Islamically correct investors have seen a change of fortune: The conservative principles this small group of devout Muslims clung to during the economic heyday has insulated them from the worst<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=11191\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,42,149,426,155,108,599],"tags":[],"class_list":["post-11191","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-religion-news-commentary","category-economy","category-islam","category-other-faiths","category-religion-culture","category-stock-market"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11191"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11191\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}