IslamicFinance.de

Bonanza Portfolio Ltd together with Pragmatic Wealth Management Pvt Ltd has launched India's premier Shariah Portfolio Management Services. The name of the service is Bonanza-Pragmatic Shariah fund and is appointed to offer an alternative investment opportunity to 150 million Indian Muslims.
The fund is going to invest only in permissible sectors like automobiles, construction & reality, healthcare, metal & mines, power & utility, consumer goods & services, capital goods & industrials, information technology & oil & gas.
The fund will be 100% equity based.