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Reliance Capital launches ‘Imaan Investment Plan’

Posted on 16 March 2009

From Hindu.com: In a bid to attract Muslim investors to stock markets, Reliance Capital Services has launched in Kanpur the ‘Imaan Investment Plan’ in line with the rules of Islamic Shariyat.

As per the plan, the money from investors will not be invested in banking, non-banking finance, tobacco, liquor, satta, hotel, the sugar sector and entertainment, which are illegal according to Shariyat law, company officials said. …. Full Article: Source

 
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