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August 31, 2001 at 08:00 PM
NU Online News Service, Aug. 31, 2:35 p.m. – The Lightbulb Press, New York, has released the Guide to Understanding Islamic Investing.
The book, co-written by Brian Ingram, a financial analyst, and Virginia Morris, an editor at Lightbulb Press, explains Islamic laws and traditions that affect the investment decisions of the 7 million U.S. residents who are Muslims.
The guide includes a discussion of the prohibition against interest, a screening process for determining which stocks and mutual funds might make suitable investments, and the relationship between purification and investment earnings.
