First Sharia compliant movie fund raises $40m

In just four weeks, the world’s first Sharia-compliant movie fund has reached more than $40m.
The Black Knight is expected to reach $85-90m by April, half of which will come from UAE investors.
The movie, which is scheduled to be filmed in Morocco and could also include scenes shot in the UAE, is the first instalment in a trilogy of films and will be released in 2012.