2009-07-26wsj.com

The Shariah-compliant fund started six months ago and as of the end of June, the calendar year-to-date rate of return was 26.38%.

In comparison, spot gold was up 5.4% year-to-date and the Philadelphia Gold & Silver Index was up 14.71%.

...

The Kauthar Gold Fund invests only in publicly traded gold company stocks. It's not allowed to invest in gold bars or exchange-traded funds.



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