IRISH Stock Exchange has made a tidy little business of listing investment funds.- anywhere - to be able to sell their products to overseas investors.

The latest fund to quote is the exotically-titled Alkhawarizmi Fund. But Irish companies making booze, sausages or pork steaks - rules out Guinness, Avonmore and Kerry for a start - needn't expect the fund managers at Alkhawarizmi to put their money into such companies. The fund invests in accordance with Islamic Shari a law.