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  BACKOFFICE LOGIN  SHARIAH INVESTMENT  WHY PRAGMATIC?
SENSEX
58,853.07
Market Up
+465.14
0.80%
NIFTY
17,525.10
Market Up
+127.60
0.73%
ITE- 35
29250.67
Market Up
198.27
0.68%
BSE 500
24555.98
Market Up
76.93
0.31%
 
NSE 500
14993.35
Market Up
92.95
0.62%
ITE- 211
9720.16
Market Up
52.74
0.55%
BSE midcap
24555.98
Market Up
76.93
0.31%
NSE midcap
8258.35
Market Up
32.45
0.39%
ITE midcap
23888.77
Market Up
157.10
0.66%
 ITE SHARIAH INDEX
29250.67 0.68%

Pragmatic Wealth Management is a dedicated Shariah (Halal) Investment company, with focus on equity investment-The Islamic way. Our Products and Services include Shariah based Broking, Portfolio Management advisory, Screened Shariah Compliant Stocks, Shariah Indices, and quarterly Islamic Finance Magazine "Islami Tijara", India's premier Islamic Finance magazine. We also offer equity research services and online trading to our clients, and further facilitate NRI’s through our advisory.Our emphasisis on Shariah Compliant Companies only. Investment in equity market is Islamically a permissible activity since it is based on Musharaka (partnership) basis, i.e. profit is earned with the risk of loss and this is a prerequisite for Investment in equity markets and probably the best option available to Muslims

We are vetted and evaluated by an independent Shariah Board called Islamic Investment & Finance (IIFB) consists of eminent Islamic scholars from all over the country.

If returns on investment as a parameter considered then Shariah Equity Investments in the long run have given the highest returns compared to all other asset classes. Capital gain tax is concern then there is 10% capital gain tax on investment done in particular stocks for more than a year if the gains are above 1 Lac and below 1 lac there is absolutely no capital gain tax. The Gains onan investment for less than a year the tax rate is 15 percent only

KEY INDICATOR
   
Company Current Prev. Close %Chg
Hindalco I 421.45 406.85 3.59
Adani Ente 2,792.35 2,697.60 3.51
Coal India 215.50 208.20 3.51
Mahindra & 1,274.85 1,236.20 3.13
Larsen & T 1,829.45 1,787.55 2.34
Vedanta Lt 256.75 253.25 1.38
| | |
SHARIAH COMPLIANT STOCK LOGIN
Indices No.of stocks 08-Aug 05-Aug Chg (%)Chg 1 M[%] 3 M[%] 1 Yr[%] 2 Yr[%] 3 Yr[%] 4 Yr[%] 5 Yr[%]
 
FRONTLINE
ITE 35 35 29,250.67 29,052.41 198.27 0.68 11.88 8.27 20.29 65.32 95.75 83.68 135.19 149.10
Sensex 30 58,853.07 58,387.93 465.14 0.80 8.02 8.05 8.18 54.14 57.67 55.34 83.83
Nifty 50 17,525.10 17,397.50 127.60 0.73 8.04 7.50 7.79 55.50 58.85 53.06 75.63
MID CAP
ITE Mid Cap 41 10,663.27 10,625.66 37.61 0.35 15.67 15.04 69.97 60.62 92.32 12.24 51.89
BSE Mid Cap 274 24,555.98 24,479.05 76.93 0.31 8.39 8.21 6.97 70.28 81.01 51.16 59.32
CNX Mid Cap 51 30,366.05 30,258.35 107.70 0.36 9.83 8.16 9.46 86.15 92.25 58.63 65.52
SMALL CAP
ITE Small Cap 77 11,016.15 11,004.15 11.99 0.11 12.44 7.66 1,163.87 224.66 203.47 196.06 413.64
BSE Small Cap 424 27,682.44 27,605.08 77.36 0.28 7.96 3.91 4.02 99.60 120.15 64.11 74.06
BROAD MARKET
ITE 101 101 8,675.22 8,622.02 53.20 0.62 11.68 8.88 5.11 54.81 84.61 68.05 120.07
BSE 200 200 7,635.79 7,582.75 53.04 0.70 8.27 7.21 8.17 57.16 60.71 52.77 72.59
ITE 211 211 9,720.16 9,667.42 52.74 0.55 14.84 12.09 9.82 74.59 109.56 139.35 213.18
BSE 500 500 23,888.77 23,731.67 157.10 0.66 8.45 7.13 7.68 62.31 67.87 54.62 73.11
Compliant Status No. of % of Total Market % of Total Market
Companies Traded Stocks (BSE) Capitalization Capitalization (BSE)
ITE Shariah 35 35 0.88 9,953,348.63 36.50
ITE Shariah 101 101 2.53 13,347,902.53 48.94
ITE Shariah 211 251 6.29 15,751,146.61 57.75
Shariah Compliant 1625 40.71 17,305,753.96 63.46
NC due to Ratio 1352 33.87 2,796,436.31 10.25
NC due to Industry 1015 25.43 7,170,171.84 26.29
Total Traded Stocks (BSE) 3992 100.00 27,272,362.11 100.00
*NC MEANS SHARIAH NON-COMPLIANT.
  FII / DII Activity
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