Twitter deemed suitable for Islamic investment


Reuters: Shares in Twitter Inc have been found eligible for investment by Islamic funds, according to IdealRatings.

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Reuters: Shares in Twitter Inc have been found eligible for investment by Islamic funds, according to IdealRatings.

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.

 

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