Asia's Islamic finance sector weathering storm well

Radio Australia:As Wall Street gets to grips with its biggest one-day point drop in history, after US legislators voted down a massive bailout plan, new figures show one global finance sector might be in strong enough shape to weather the storm. Dow Jones has just put out the August results of its Islamic markets financial index. While the Dow's Global Titans 50 lost more than two-and-a-half percent of their value in august, the 100 leading Shariah-compliant stocks suffered only half that loss. During Asia's financial crisis eleven years ago, the region's Islamic stock markets outperformed their conventional counterparts.....Read more...