Fri, Nov 28, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Emerging Trends, Funds more

Sharia-compliant MF schemes make a silent entry into India

Posted on 13 March 2009

From Timesofindia.indiatimes.com: Shariah-based mutual fund (MF) schemes have made a quiet entry into the Indian investment arena. Benchmark AMC, a fund house that specialises in index-based investing, has recently closed subscriptions for a Shariah-based fund.

A similar offering from Taurus Mutual Fund, Taurus Ethical Fund, is currently open for subscription. Shariah is Islamic law derived from Quran and Hadis, the traditions of the Prophet, which governs all aspects of Muslim life….. Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930