Sharia Showdown on Wall Street By Paul Sperry
Sheik Muhammad Taqi Usmani has been a rock star of the Islamic finance world, sitting on the sharia supervisory boards of no fewer than a dozen Islamic banks and financial institutions worldwide.
For nearly a decade, the mufti also has advised the Dow Jones Islamic Market Index, which licenses more than 25 stock funds that comply with Islamic laws forbidding certain Western-style investments. The venerable Dow Jones & Co. first retained him in 1999.
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