"And that includes nearly 7 million American Muslims in our country today who,by the way,enjoy incomes and educational levels that are higher than the American average."

VOA: standard.2010.03.18

He is also lead author of the paper, Fast Profits: Investor Sentiment and Stock Returns During Ramadan. Reporter Cecily Hilleary asked him to explain the so-called Ramadan Effect. During the Holy Month, we find that on average, stock returns are almost nine times higher in predominantly Muslim countries than during other times of the year.

VOA: standard.2010.08.05