"The notes will reflect the performance of the index, so the customer's money will never go into the actual hedge fund, " said Naveed Ahmad, head of investments at Dubai Islamic Bank, at the product's unveiling.

FORBES: Don't Call It Interest

In October 2008, they received an offer from Dubai-based consortium Zabeel Investments but the deal collapsed soon after, and in 2009 they were linked with a bid from former Newcastle United colleagues Dennis Wise and Tony Jimenez.

BBC: Peter Varney confident of Charlton takeover deal

At the same time, we should be celebrating that they are mostly long-term investors like Warren Buffett and are not trying to flip their investments in three to five years, like the private equity behemoths--though some like Dubai have been known to cash out of their investments quickly.

FORBES: Magazine Article