Airbus’ $100 million Shariah bet indicates Gulf carrier boomBorrowers in the air-transport industry have raised almost $10 billion in Shariah-compliant debt since 2012.
26 Jun, 2014, 04.23 AM IST
- World's first Islamic inter-bank benchmark rate launched
Reuters on Tuesday launched the world's first Islamic finance benchmark rate, designed to provide the average expected return on Shariah-co...
23 Nov, 2011, 03.47 PM IST
- Kerala NRIs bullish on Islamic NBFC for infra
Gulf-based NRIs are learnt to be willing to bring in well over Rs 10,000 crore for infrastructure projects in the state, on Shariah princip...
04 Feb, 2011, 06.32 PM IST
- Kerala High Court bench gives nod to Islamic banking
The bench consisting of Chief Justice J Chelameswar and Justice PR Ramachandra Menon dismissed the petitions filed by Janata Party presiden...
04 Feb, 2011, 04.37 AM IST
- Kerala HC gives nod for Islamic banking concept
The division bench of Kerala High Court dismissed writ petitions filed against govt sanction for starting a non-banking finance company by ...
03 Feb, 2011, 07.50 PM IST
- HC strikes down Kerala govt's Islamic banking plan
The Kerala High Court on Thursday ruled against state’s participation in the Shariah-based banking activity.
09 Apr, 2010, 04.55 AM IST
- You can let ethics drive your MF investments
There are niche equity funds that invest only in cos doing ethical business or are Shariat-compliant.
14 Dec, 2009, 12.56 AM IST
- SBI, LIC plan Islamic products
The country’s largest lender State Bank of India (SBI) and the largest insurance company Life Insurance Corporation (LIC) are looking to la...
09 Oct, 2009, 04.09 AM IST
- Kerala to set up first Islamic i-firm
The Kerala government, in partnership with a few private entrepreneurs, will set up India’s first government-controlled Islamic investment ...
22 Aug, 2009, 01.44 PM IST
- Kerala to set up first Islamic i-firm
The Kerala government, in partnership with a few private entrepreneurs, will set up India’s first government-controlled Islamic investment ...
22 Aug, 2009, 02.49 AM IST
- Taurus launches equity oriented Shariah compliant fund
Taurus Mutual Fund launched 'Taurus Ethical Fund', India's first actively managed Equity Oriented Shariah compliant fund.
24 Feb, 2009, 02.51 PM IST
- Taurus MF launches Taurus Ethical Fund
Introducing a newer concept in Indian mutual fund industry, Taurus mutual fund on Wednesday launched its Taurus Ethical Fund.
18 Feb, 2009, 04.52 PM IST
- Bangalore's Bearys group in talks with PE players for funds
Bangalore-based Bearys Group is scouting for a partner to raise around USD 350 million to fund its two Special Economic Zones (SEZ) in Bang...
06 Jul, 2008, 12.59 PM IST
- Shariah-compliant plans are flavour of the season for MFs
Reliance Mutual Fund, UTI Asset Management, Way2Wealth and the newly-approved Edelweiss Mutual Fund - are planning to launch Shariah-compli...
20 May, 2008, 01.03 AM IST
- Islamic scholars toughen rules on sale of bonds
Religious scholars are imposing tougher rules on the sale of Islamic bonds to investors after stating that most of the securities may not f...
14 Mar, 2008, 12.00 AM IST
- Taurus Mutual, Parsoli form alliance for Islamic fund
The Islamic fund, a first of its kind by a domestic mutual fund, will provide capital appreciation and income distribution to unitholders b...
12 Oct, 2007, 01.22 AM IST
- Islamic bond fatwas surge on million-dollar scholars
Sheikh Nizam Yaquby is the gatekeeper to the $1 trillion market for managing Muslim wealth. Yaquby, who lives in Bahrain, says he's on advi...
02 May, 2007, 02.35 AM IST