No doubt this is part of the reason why NYC mayor Michael Bloomberg has been working behind the scenes to help build the Ground Zero mosque despite massive opposition. via FT.com / Media – Bloomberg extends Islamic service.
Bloomberg will on Monday launch an Islamic finance platform, sharpening the expansionist financial information company’s emerging markets strategy andproviding a vote of confidence for a sharia-compliant market that has seen growth slow.
The service, available on more than 300,000 Bloomberg Professional terminals, includes news and data covering more than 1,500 Islamic bond issues, 35,000 stocks and 500 funds, as well as a database of sharia scholars and their fatwa endorsements.
“This is a reflection of our belief in the future of the market and the region.”
…The private company, which in October will mark the 30th anniversary of its founding by Mike Bloomberg, argued that its platform would be more comprehensive than others, and that it could contribute to the growth of Islamic finance.
…Bloomberg began covering Islamic finance in 1992, but this takes it to a different level by deepening the content, he said.
Bloomberg couldn’t take it to a different level if he listened to the people of NYC and opposed the Ground Zero victory mosque.
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