Incorporated as a Public Limited Company under the Companies Act, 1956 AICL commenced it business in January 2002 as a Non-Banking Finance Company under license from the Reserve Bank of India. Reserve Bank has also approved the company as a Full Fledged Money Changer.
The Company has its registered office at Ernakulam and a regional office functions at Calicut. The Company’s operations are spread through out the state of Kerala.
SEYAD SHARIAT FINANCE LIMITED is the first corporate financial institution functioning as per Islamic Economic System in Tamilnadu. In Islamic Economic System all the forms of exploitation and injustice are sought to be eliminated with uncompromising emphasis on socio-economic justice and equitable distribution of wealth. It helps to curb inflation, avoid industrial sickness and reduce deficit financing.
Parsoli is a provider of financial services according to the Islamic Shari’ah. We are a corporate member of the National Stock Exchange (NSE) of India Ltd. Parsoli has launched India’s first Islamic Financial Portal for Islamic Investors who can invest in equities based on the Shari’ah principles. To further facilitate Islamic investors they have created India’s first and only Islamic Equity Index comprised of Shari’ah compliant stocks (Parsoli IBF-Net Equity (PIE))
IDAFA (iz'aafah) means multiplying or doubling. The name itself suggests that our main concern at Idafa Investments Pvt. Ltd. is to create wealth for you. Idafa Investments was started in 1994 by Ashraf Abdul-Haq Mohamedy, an entrepreneur and a student of Islamic Economics and Finance. Coming from a strong family background of investors, the choice of a profession in stock broking was natural for him, but he preferred to offer these services following the Shariah based investment philosophy.
Parsoli is a provider of financial services according to the Islamic Shari’ah. We are a corporate member of the National Stock Exchange (NSE) of India Ltd. Parsoli has launched India’s first Islamic Financial Portal for Islamic Investors who can invest in equities based on the Shari’ah principles. To further facilitate Islamic investors they have created India’s first and only Islamic Equity Index comprised of Shari’ah compliant stocks (Parsoli IBF-Net Equity (PIE))
