Dubai Raises Questions About Islamic Finance
While the worst of the crisis may be past for the emirate, Dubai's financial troubles have highlighted some of the thorny issues underlying the Islamic world's integration with worldwide finance.
While the worst of the crisis may be past for the emirate, Dubai's financial troubles have highlighted some of the thorny issues underlying the Islamic world's integration with worldwide finance.
Fox News pundits decry Imam Feisal Abdul Rauf, who's sponsoring a mosque in lower Manhattan, as a threat to America. But for Fox's parent News Corp., doing billions of dollars in investment deals with a nephew of Saudi Arabia's king is just business as usual. And it shows how much more nuanced it is to run a multinational media giant today.
The Muslim celebration is a time of fasting, charity, discipline and families coming together. And it ends with a day of feasts and gift-giving. But some Muslims worry that like Christmas, Ramadan is losing its meaning.
More people are putting their money where their values are -- a sentiment that isn't lost on money managers. Just this week, the first of three exchange-traded funds targeted at Christian investors hit the market. Two more will launch next week.




