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  BACKOFFICE LOGIN  SHARIAH INVESTMENT  WHY PRAGMATIC?
SENSEX
52,727.98
Market Up
+462.26
0.88%
NIFTY
15,699.25
Market Up
+142.60
0.92%
ITE- 35
25458.34
Market Up
155.33
0.61%
BSE 500
21803.16
Market Up
328.34
1.53%
 
NSE 500
13322.50
Market Up
143.70
1.09%
ITE- 211
8205.67
Market Up
63.13
0.78%
BSE midcap
21803.16
Market Up
328.34
1.53%
NSE midcap
7314.40
Market Up
101.45
1.41%
ITE midcap
21223.98
Market Up
225.43
1.07%
 ITE SHARIAH INDEX
25458.34 0.61%

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
Mahindra & 1,072.05 1,028.05 4.28
Adani Ente 2,161.50 2,109.45 2.47
Hindustan 2,303.55 2,251.70 2.30
Oil & Natu 137.25 134.85 1.78
Hindalco I 322.40 317.35 1.59
JSW Steel 567.40 558.80 1.54
| | |
SHARIAH COMPLIANT STOCK LOGIN
Indices No.of stocks 24-Jun 23-Jun Chg (%)Chg 1 M[%] 3 M[%] 1 Yr[%] 2 Yr[%] 3 Yr[%] 4 Yr[%] 5 Yr[%]
 
FRONTLINE
ITE 35 35 25,458.34 25,303.02 155.33 0.61 -3.75 -9.12 10.25 65.01 61.62 66.09 112.39 132.02
Sensex 30 52,727.98 52,265.72 462.26 0.88 -2.45 -8.45 0.05 51.22 34.78 48.65 70.32
Nifty 50 15,699.25 15,556.65 142.60 0.92 -2.64 -8.85 -0.58 52.34 34.19 45.87 65.06
MID CAP
ITE Mid Cap 41 8,867.79 8,753.93 113.86 1.30 -2.93 -16.30 74.21 47.65 56.65 29.46 18.40
BSE Mid Cap 274 21,803.16 21,474.82 328.34 1.53 -2.05 -8.68 -2.32 65.92 49.56 38.76 50.69
CNX Mid Cap 51 26,449.05 26,079.95 369.10 1.42 -4.15 -9.76 -0.57 78.59 52.42 43.01 51.52
SMALL CAP
ITE Small Cap 77 9,380.82 9,287.17 93.65 1.01 -5.31 -0.07 679.48 210.70 146.38 152.16 258.70
BSE Small Cap 424 24,521.93 24,136.33 385.60 1.60 -5.26 -12.08 -1.51 96.01 74.37 49.59 61.96
BROAD MARKET
ITE 101 101 7,549.49 7,495.15 54.34 0.72 -3.65 -10.33 -3.71 52.59 61.01 54.48 94.85
BSE 200 200 6,782.42 6,713.55 68.87 1.03 -2.86 -8.65 -0.47 53.15 35.19 44.51 62.47
ITE 211 211 8,205.67 8,142.54 63.13 0.78 -3.67 -10.38 -1.50 66.72 66.51 113.35 169.22
BSE 500 500 21,223.98 20,998.55 225.43 1.07 -3.10 -9.16 -1.05 57.57 40.14 44.91 61.98
Compliant Status No. of % of Total Market % of Total Market
Companies Traded Stocks (BSE) Capitalization Capitalization (BSE)
ITE Shariah 35 35 0.88 8,600,345.55 37.01
ITE Shariah 101 101 2.55 11,322,345.95 48.72
ITE Shariah 211 251 6.33 13,290,059.02 57.19
Shariah Compliant 1552 39.11 14,922,818.90 64.22
NC due to Ratio 1421 35.81 2,477,770.31 10.66
NC due to Industry 995 25.08 5,837,101.65 25.12
Total Traded Stocks (BSE) 3968 100.00 23,237,690.86 100.00
*NC MEANS SHARIAH NON-COMPLIANT.
  FII / DII Activity
Figures in billion
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