(Compiler's note: Lost in Wall Street's scramble to grab management and other fees from these Islamic-compliant funds, which are growing fast thanks to Arab petrodollars, is that the funds must 'purify' their returns by transferring at least 3% into Islamic charities, many of which funnel funds to terrorists.
So, the American financial community may unwittingly be helping our sworn enemy.)
Today, the Sharia'a finance and banking industry is one of the fastest growing markets in the world and is estimated to be worth more than $1 trillion in the next 2 years.
