Global Industry Magazine Recognizes Significant Strides Made in the US
Reston, VA – Guidance Residential (“Guidance”), the leading US provider of Sharia-compliant home financing, has been nominated for the “Best Islamic Home Finance Provider” Award in the 2009 Islamic Business & Finance Awards. The Awards have been instituted by Islamic Business & Finance Magazine and have been designed to encourage, inspire and reward excellence within the global Islamic Business and Finance community.

By Zayd Ahmad Khan

The American Food Industry is a $1 trillion industry. The per capita (individual) consumption of food in 2008 is about $2000  There are some 6 million Muslims currently in the United States. If we calculate that figure by the $2000 figure, the Muslim Food dollar expenditure is about $12,Billion. This represents a tremendous potential market for the Muslims to capture before someone else.

Bellingham, WA, October 5, 2009 - Saturna Capital Corporation, adviser to the Amana Mutual Funds Trust, has launched the Amana Developing World Fund (AMDWX). The new fund is the third in the Amana Funds family, the largest US-based fund family designed for American Muslim investors, which includes the Amana Income Fund (AMANX) and the Amana Growth Fund (AMAGX).

By Zayd Ahmad Khan
As we look at the present state of the U.S. economy, we are reminded of the 1990’s when the political slogan of the time was “…it’s the economy, stupid!” The present economic state of the American Muslim community is currently on life-support. We, as Muslims, are given so many references in Qur’an and Hadith on the importance and significance of economic responsibilities, within our lives, and our communities.