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    market news

    Dubai to launch silver ETF

    Melissa Pistilli
    Nov. 21, 2008 08:14AM PST
    Market News

    Silver Investing News reports the Middle Eastern demand for silver is high and Dubai will launch a silver ETF next month. “Details of the silver ETF are being kept under wraps for the launch but the plans seem at a advanced stage,” said Cooper. The gold and silver ETFs will no doubt have to comply …

    Silver Investing News reports the Middle Eastern demand for silver is high and Dubai will launch a silver ETF next month.

    “Details of the silver ETF are being kept under wraps for the launch but the plans seem at a advanced stage,” said Cooper. The gold and silver ETFs will no doubt have to comply with Sharia law, which prohibits charging interest as it is a form of usury, and bans investments in businesses connected to alcohol or gambling.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.

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