[lbo-talk] No Interest?

Mike Ballard swillsqueal at yahoo.com.au
Thu Mar 9 00:10:08 PST 2006


<http://www.washingtonpost.com/wp-dyn/content/article/2006/03/06/AR2006030601817.html>

I found this interesting tidbit: The next time somebody asks you about socially responsible (capitalist) investing remember the thing Dennis Perin quoted rom the "Washington Post":

Regards, Mike B)

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"Arcapita has raised billions of dollars from investors in the UAE, Saudi Arabia, Qatar and neighboring countries and has invested the majority of it in the United States, where it owns Caribou Coffee, Church's Chicken and other companies, as well as real estate. The investments have to conform with sharia, or Islamic law, which means that they cannot involve businesses that traffic in alcohol, pork, pornography or gambling and that they

have to use special types of financing to avoid violating Muslim rules against charging interest."

Read "The Perthian Brickburner": http://profiles.yahoo.com/swillsqueal

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