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iHilal has launched the first regulated Islamic financial services web site to offer products and services compliant with the Shari`ah (Islamic law). These principles require that profits cannot be made from prohibited activities such as alcohol production, gambling and pornography or from investment in interest-based financial institutions. In addition, all wealth creation should result from a partnership between the investor and the user of capital in which rewards and risks are shared. The site, www.iHilal.com, makes it possible for Muslims worldwide to purchase Shari`ah-compliant stocks and mutual funds.

 

 


 

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