Sep 06, 2016 at 09:56 | Source: Moneycontrol.com
The Reserve Bank of India (RBI) has said it will work with the government to introduce interest-free banking, as part of its efforts to improve financial inclusion. Moneycontrol tries to answer some of the commonly asked questions relating to Islamic finance.
Apr 06, 2016 at 09:12 | Source: PTI
"The whole South Asian market is really untapped for the Islamic finance. In these markets, Indian stocks would be the top fifty (for investments)," said Ariff Sultan, regional director for Asia Pacific at the US-based global Shariah compliance product screening group, IdealRatings.
Nov 06, 2015 at 18:40 | Source: Moneycontrol.com
Goldman Sachs Mutual Fund announces change in benchmark Index under its schemes, with effect from November 09, 2015.
Nov 30, 2014 at 13:32 | Source: PTI
To boost the demand for Shariah compliant mutual funds in the country, government should provide income tax relief on investment in such products along the lines of equity linked savings schemes (ELSS), experts have said.
Jul 17, 2013 at 15:56 | Source: Moneycontrol.com
Bank Muamalat, the primary Islamic bank in Indonesia, successfully implemented Oracle FLEXCUBE Universal Banking to streamline its core business processes ensuring productivity and agile Shariah Banking practices.
May 03, 2013 at 11:38 | Source: Moneycontrol.com
Taurus Mutual Fund has announced the change in the benchmark index of Taurus Ethical Fund, an open eded equity scheme.
May 02, 2013 at 08:59 | Source: Moneycontrol.com
BSE and S&P Dow Jones Indices has announced the launch of the S&P BSE 500 Shariah index, the first new index resulting from the strategic partnership formed between the two companies in February of this year.
Jan 21, 2013 at 18:19 | Source: Moneycontrol.com
Goldman Sachs Mutual Fund changes fund manager under two schemes.
Dec 12, 2012 at 18:43 | Source: Moneycontrol.com
Goldman Sachs Mutual Fund has announced that its four schemes will be in compliance with the provisions of Rajiv Gandhi Equity Savings Scheme 2012.
Apr 30, 2012 at 12:58 | Source: Moneycontrol.com
Shariah Funds are the funds which follow the moral codes and ethics of Islam law. Though these funds have been launched with the aim of targeting a particular community yet the AMCs have not been very successful in their endeavour. For the success of the funds, AMC should make efforts to promote them diligently, reckons Renu Pothen