1 Seyad Shariat Finance
2 Al-Barr Finance House Limited (India)
3 Al-Ameen Finance & Investment Corporation
4 Parsoli Corporation
5 Idafa Investments
Trading
List of Islamic Finance Providers in India
Published by Gbaf News
Posted on April 2, 2013
1 min read· Last updated: June 11, 2018
Key Takeaways
- Seyad Shariat Finance is a pioneering Shariah‑compliant non‑bank finance institution in Tamil Nadu.
- Al‑Ameen Islamic Financial & Investment Corporation is an NBFC based in Bangalore, currently under liquidation.
- Idafa Investments in Mumbai offers Shariah‑compliant wealth creation, including interest‑free loans and investment solutions.
- Parsoli Corporation is emerging in the Islamic finance space in India alongside other providers.
- Islamic finance in India remains niche but growing, with providers across multiple regions.
References
Frequently Asked Questions
What type of finance provider is Seyad Shariat Finance?
Seyad Shariat Finance is a deposit‑taking non‑bank financial company in Tamil Nadu operating under Islamic finance principles.
Where is Idafa Investments based and what services does it offer?
Idafa Investments is based in Mumbai and offers Shariah‑compliant wealth creation, investment solutions, interest‑free loans, retirement and tax planning.
What is the current status of Al‑Ameen Islamic Financial & Investment Corporation?
Al‑Ameen Islamic Financial & Investment Corporation India Limited, based in Bangalore, is a non‑banking financial company currently under liquidation.
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