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2004-01-29 Middle East
Making sure Jihad will go on when the oil runs out
Cigarettes and alcohol, are, naturally, out. Neither McDonalds nor Ladbrokes would find favour with Islamic investors. But investors who are more typically used to counting fuel in barrels of oil have taken to the UK’s burgeoning renewable energy market with enthusiasm. Wind power and the stable, bond-like returns it promises to investors have convinced First Islamic Investment Bank to make its first step into the UK’s complex renewable energy market. Producing electricity from wind may currently be more costly than generating it from the black stuff, but Islamic investors are hoping that getting in at the early stages of the Europe-wide push to reduce carbon emissions will pay long-term dividends.
Posted by TS 2004-01-29 6:33:54 PM|| || Front Page|| [11130 views since 2007-05-07]  Top

#1 sigh.
Posted by B 2004-1-29 6:59:45 PM||   2004-1-29 6:59:45 PM|| Front Page Top

#2 If only they could harness all that energy from seething and whining ...
Posted by 4thInfVet 2004-1-29 7:11:04 PM||   2004-1-29 7:11:04 PM|| Front Page Top

#3 Here at First Islamic, we're dying to kill you... with our free checking and ATM's.
Posted by tu3031 2004-1-29 10:35:03 PM||   2004-1-29 10:35:03 PM|| Front Page Top

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