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SHARIA COMPLIANT FUND
Which is a good Shariah-compliant mutual fund?If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.- Which are the Sharia-compliant mutual fund schemes in India?There are only three Sharia-compliant mutual fund schemes in India—Tata Ethical, Taurus Ethical and Reliance ETF Shariah BeES.
- Pravasi Chit Fund of KSFE evokes good response in UAEPravasi chit fund targeted at NRIs, is managed by Kerala State Financial Enterprises (KSFE).
- Not to pursue Islamic banking in India, says RBIRBI said the decision was taken after considering "the wider and equal opportunities" available to all citizens to access banking and finan...
- RBI responds to RTI query on Sharia-compliant mutual funds in IndiaThe Islamic or Sharia-compliant financial system is based on the principles of not charging an interest on deposits, as it is prohibited un...
- No steps taken for launching Sharia-compliant mutual funds in India: RBIReplying to an RTI application filed by a PTI correspondent, the central bank said the Government of India had sought its comments on the l...
- Ask ET Mutual Funds: Should I continue with Tata Ethical Fund?If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
- Sharia banking: RBI proposes Islamic window in banks"Introduction of full-fledged Islamic banking with profit-loss sharing complex products may be considered at a later stage on the basis of ...
- SBI Mutual Fund puts off Sharia-compliant fund launchSBI MF, which had earlier plans to launch this scheme on December 1, is now reviewing the structure of the product.
- Boost demand of Shariah-compliant mutual funds by giving tax relief: ExpertShariah laws prohibit one from investing in companies dealing with businesses like alcohol and tobacco, among others. They also do not allo...
- Sharia compliant Secura India Real Estate Fund launches second schemeSecura India Real Estate Fund, first Sharia compliant VC fund has launched its second scheme of real estate fund with a size of Rs 50 crore.
- Islamic NBFC Alternative Investments and Credits to move court against Reserve Bank of IndiaA director of the company told ET that the board is weighing legal options to obtain a stay on the regulator's decision to cancel the certi...
- HC strikes down Kerala govt's Islamic banking planThe Kerala High Court on Thursday ruled against state’s participation in the Shariah-based banking activity.
- Govt may allow Islamic banking, eyes $1 tn fundsThe UPA government has drafted a report on Islamic banking even as RBI and the finance ministry are jointly working on necessary legislativ...
- Govt may allow Islamic banking, eyes $1 tn fundsAggressively pitching for $1 trillion worth of Sharia-compliant funds from the Gulf countries for investments in its infrastructure develop...
- Reliance MF to launch Islamic fund in Malaysia soonThe concept of Islamic funds, which invest in Sharia-compliant stocks, is catching up fast in India.
- SEBI okay may see Islamic funds enter Indian realtyBooming Islamic finance is likely to acquire assets in India through Islamic Real Estate Investment Trusts.
- Taurus to launch country's first Islamic mutual fundThe country is likely to get its first Islamic mutual fund soon as a Delhi-based asset management company Taurus has approached capital mar...
- Bahrain, Kuwait investors to manage $ 200 mn Indian fundBahrain-based Khaleej Finance and Investment (KFI) has partnered with two Kuwaiti investors to manage a $ 200 million Indian private equity...
- Gulf cos to launch $200 mn fund in IndiaThree cos from Middle East are promoting a $200 million, Sharia-compliant fund for investing in India.
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