26.06.2009 - Shariah compliant VC real estate fund in India
From Cpifinancial.net: Indian capital market regulator Securities and Exchange Board of India (SEBI), after permitting the entry of Shari’ah-compliant mutual funds, has now also given the nod to India's first Shari’ah-compliant venture capital fund in the real estate sector. The fund is promoted by Kerala-based real estate development company, High-lite Builders........Full Article: Source