Dubai to launch silver ETF

- November 21st, 2008

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 … Continued

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.

Tags

Tags: ,

Leave a Reply