Ajmal Ahammed is not a familiar name in the venture capital (VC) sector in India. Still, the VC entity where he’s operations head, while still in his late 20s, has launched its second fund in a short time.
What makes this fund different is its investors — they want to comply with Islamic law, as detailed in the Shariah. Secura India Real Estate Fund is India’s first ever shariah-compliant VC fund, owned by Kozhikode-based Secura Investment Managers………………………………………..Full Article: Source