{"id":10370,"date":"2009-04-17T00:00:00","date_gmt":"2009-04-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-seen-unsuitable-for-islamic-finance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2009\/hedge-funds-seen-unsuitable-for-islamic-finance.html","title":{"rendered":"Hedge funds seen unsuitable for Islamic finance"},"content":{"rendered":"<p>Reuters &#8211; Hedge funds basing their investment strategy on sharia, or Islamic legal principles would face significant disadvantages compared with non-sharia hedge funds, some exponents of Islamic finance say.       <\/p>\n<p>Many strategies would be difficult to achieve because they would be too expensive to perform in a Sharia-compliant way, or because the tools themselves would be inappropriate under Sharia law. &quot;You cannot have long-short hedge funds, because the idea of short selling, or selling something that you don&#8217;t own, runs contrary to the principles of Islamic finance,&quot; Fares Mourad, Head of Islamic finance at Swiss private bank Sarasin told Reuters. &quot;I have not seen a credible structure that resolves this,&quot; Mourad said.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/IslamicBankingandFinance09\/idUSTRE53F4X220090416\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge funds basing their investment strategy on sharia, or Islamic legal principles would face significant disadvantages compared with non-sharia hedge funds, some exponents of Islamic finance say. Many strategies would be difficult to achieve because they would be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10433,10436,4385,8761,10435,4502,4326,10434,8760],"class_list":["post-10370","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bank-sarasin","tag-exponents","tag-investment-strategy","tag-islamic-finance","tag-legal-principles","tag-private-bank","tag-reuters","tag-sharia","tag-short-hedge"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10370"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10370\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}