Business Daily from THE HINDU group of publications Saturday, Dec 29, 2007 ePaper | Mobile/PDA Version |
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Info-Tech
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Alliances & Joint Ventures Markets - Investments New Delhi, Dec. 28 Moneycontrol.com has tied-up with Parsoli Corporation to help the Muslim community in their ‘Islamic Investment Fund’. Moneycontrol.com will provide assistance to Muslims for their investments according to the guidelines of the Quran. “The term Islamic Investment Fund means a joint pool wherein the investors contribute their surplus money for the purpose of its investment to earn halal profits in strict conformity with the precepts of I slamic Shari’ah. The subscribers of the Fund may receive a document certifying their subscription and entitling them to the pro-rata profits actually earned by the Fund,” a release issued here on Thursday said. — Our Bureau More Stories on : Alliances & Joint Ventures | Internet | Investments
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