Infinity Consultants, a corporate finance advisory firm, has launched Zayd Chit Funds, a Sharia-compliant chit fund. “The chit fund is expected to be operational shortly in Bangalore and is compatible with the Chit Funds Act of 1982,” Saif Ahmed, managing partner, Infinity Consultants, said.
“The speciality of our fund schemes is that they allow one to utilise hard-earned money in a halal way, which is not the case with other chit funds,” he added………………………………………..Full Article: Source