Some mutual funds in India adhere to socially responsible investments. A few of these are certified as Sharia-compliant. These mutual funds are those which invest only in companies which adhere to Islamic principles. In general, any business or industry that harms the environment is also categorised as prohibited. Immoderate levels of risk is also avoided by such mutual funds.
Rehbar Financial Services facilitates investment into Sharia-Compliant mutual funds complying with all the restrictions stated under Sharia law. Currently, there are two Sharia-Compliant mutual funds in India:
- Tata Ethical Funds
- Taurus Ethical Fund
Now you can invest in Tata Ethical Funds through Rehbar. Tata Ethical Fund invests in Sharia-Compliant stocks in the Indian stock market. Tata Ethical fund is an actively-managed multi-cap scheme. It is one of the oldest certified ethical mutual fund. It has provided good growth to investments in the long term. So, if you are willing to invest in Tata Ethical Fund for long term capital appreciation, you can find your way to it through us.
Rehbar is a member of the Association for Mutual Funds in India (AMFI). AMFI Reg No. 162773