| From Asianinvestor.net: Taurus Mutual Fund has launched India's first actively managed sharia-compliant fund that is available to local retail investors, the Taurus Ethical Fund.
For India, this marks the latest in a series of firsts in its sharia market, which was non-existent until this year. Earlier this month, Benchmark Asset Management launched India's first exchange traded sharia-compliant fund, the Shariah Benchmark Exchange Traded Scheme, which tracks the S&P Nifty Shariah index..... Full Article: Source
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