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...still a virgin territory," notes Rumman Faruqi, ceo of the London-based Institute of Islamic Banking and Insurance. "We have a lot of catching up to do." But the sector remains upbeat. "We are seeing more risk-taking innovations in Islamic asset management," says Rushdi Siddiqui, director of Dow Jones' Islamic Market Indexes, which lists about 1,400 Shari'a-compliant stocks in its global-equity index. "Islamic banks and investors have become more sophisticated and will demand more complex investment vehicles," Hassoune predicts. And as long as there are believers like Uddin, the future of Shari'a-compliant banking...
Americans now want their homes to be supersize. Are their choices being influenced by the fast-food industry? Perhaps it's time to downsize before we collapse under the weight of monster master bedrooms and huge mortgages. ANN DOW Thorofare...
...Dow Jones Interactive djinteractive.com This pricey but invaluable service for serious news junkies draws from 6,000 publications in nearly two dozen languages. Searching, browsing, headlines and lead sentences are included in the $40 annual fee, but reading a whole article costs...
...midterm congressional elections alone cannot explain the intensity of the zingers being fired across party lines [NATION, Oct. 7]. Frustration is also a factor. Osama bin Laden is nowhere to be found, the anthrax letters remain a mystery, the Dow Jones average sags below 8000, and no one understands how to react to the color-coded terror alerts. Now we're told there is an urgent need to take military action against Iraq and that anyone who questions this is un-American. Frustrating? You bet! SCOTT KOEHNK Key Biscayne...
...more cynical political operatives note that Republican control of both houses could come with a cost: Bush can't blame the Democrats for whatever voters might be unhappy about come 2004, whether it's a war gone bad, the Dow at 3000 or household health-care costs that rival mortgage payments. But that risk may be worth it if Republicans ultimately get to hold sway over all three branches of government for the first extended period since 1929. Of such unified power are New Deals and Great Societies made; only this time, it would bea Republican vision of what government...