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So it was that SCF became known as "Ethical Investing" and Western and Muslim financiers began lecturing the world that the fraud and abuse of the financial markets, such as the Enron debacle and now the sub-prime securitization meltdown, were all driven by the desire for forbidden gain through interest and gambling.
CENTERFORSECURITYPOLICY: The double-edged sword
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This practice ostensibly eschews investments involving interest, pork, gambling and other activities considered impure by authoritative Shariah advisors.
CENTERFORSECURITYPOLICY: Obama's Islamist problem
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This acquisition gives Genting an entry point into Vegas and may signal renewed interest in the U.S. gambling hub, which has long been eclipsed by Macau in terms of revenues.
FORBES: Malaysia's Genting To Pay $350M For Boyd's Mothballed Vegas Resort
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Besides dividends and interest, other sources of unearned income include capital gains, gambling winnings, alimony, Social Security payments, pensions and annuities.
FORBES: Magazine Article
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Goldman was also allowed to become a commercial bank, giving the glorified gambling house something it never had before, the power to get nearly-zero-interest loans from the Fed.
WSJ: Warren Buffett & the Vampire Squid