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Twitter Shares Found Suitable For Islamic Investment

4 years ago14 views

wochit

Wochit

Shares in Twitter have been found eligible for investment by Islamic funds, according to IdealRatings, a company that screens stocks to determine whether they meet Muslim principles. IdealRatings said it had vetted Twitter in response to requests from fund managers and individual investors around the world. The social media company's share price soared in last week's New York Stock Exchange debut after a $1.8 billion initial public offer. Twitter joins some other big U.S.