"Diwali is considered an auspicious occasion for the trading community and we will mark it with the launch of our online trading platform. Muslims need not worry about their religious tenets while online trading anymore, because we will offer Shariah-compliant trading. Muslims are not allowed to invest in companies involved in the business of alcohol, gambling, the media, and those that have a high income from interest, such as commercial banks and financial institutions. The Islamic tenets, which govern every aspect of Muslim life including investing norms, is called Shariah. While internationally Islamic investment products are among the fastest growing in the world, Indian Muslims largely stay away from formal investing. This is because members of the community in India have lacked Islamic investment products......... says that having Muslim scholars answer online investor questions is bound to give a boost to the confidence of first-time Muslim investors who would otherwise have been wary of entering the stock market...." deleted
What, are they saying that the Mohammedan underworld (no longer restricted to Bombay) and Bollywood do not offer legitimate investment avenues? Why does everything in secular India have to be Shariah compliant with a bureau of mullahs advising on investment strategy under Chidambaram's benevolent tutelage?
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