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  BACKOFFICE LOGIN  SHARIAH INVESTMENT  WHY PRAGMATIC?
SENSEX
54,326.39
Market Up
+1,534.16
2.91%
NIFTY
16,266.15
Market Up
+456.75
2.89%
ITE- 35
26838.81
Market Up
793.78
3.05%
BSE 500
22506.85
Market Up
437.12
1.98%
 
NSE 500
13895.05
Market Up
344.15
2.54%
ITE- 211
8629.27
Market Up
219.88
2.61%
BSE midcap
22506.85
Market Up
437.12
1.98%
NSE midcap
7591.60
Market Up
168.85
2.27%
ITE midcap
22137.19
Market Up
548.18
2.54%
 ITE SHARIAH INDEX
26838.81 3.05%

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
Reliance I 2,622.15 2,479.20 5.77
Adani Ente 2,223.30 2,114.00 5.17
JSW Steel 630.85 599.95 5.15
Tata Motor 417.95 398.75 4.82
Nestle Ind 16,863.85 16,100.95 4.74
Cipla Ltd. 978.60 938.05 4.32
| | |
SHARIAH COMPLIANT STOCK LOGIN
Indices No.of stocks 20-May 19-May Chg (%)Chg 1 M[%] 3 M[%] 1 Yr[%] 2 Yr[%] 3 Yr[%] 4 Yr[%] 5 Yr[%]
 
FRONTLINE
ITE 35 35 26,838.81 26,045.03 793.78 3.05 -6.13 -1.81 25.88 92.40 68.13 79.85 121.62 152.89
Sensex 30 54,326.39 52,792.23 1534.16 2.91 -4.75 -5.82 9.61 76.28 38.05 56.94 77.71
Nifty 50 16,266.15 15,809.40 456.75 2.89 -5.08 -5.47 9.12 79.41 37.52 54.67 72.34
MID CAP
ITE Mid Cap 41 9,235.09 9,070.65 164.44 1.81 -6.97 -11.03 93.99 73.46 63.82 33.11 24.32
BSE Mid Cap 274 22,506.85 22,069.73 437.12 1.98 -8.36 -4.56 5.61 99.56 51.87 43.94 55.57
CNX Mid Cap 51 27,872.20 27,271.90 600.30 2.20 -7.95 -2.46 10.55 120.09 58.71 50.08 57.29
SMALL CAP
ITE Small Cap 77 10,018.95 9,839.22 179.73 1.83 -9.70 7.77 780.17 288.79 157.95 161.76 287.34
BSE Small Cap 424 26,351.29 25,801.04 550.25 2.13 -9.05 -2.90 14.67 151.63 83.24 55.50 75.04
BROAD MARKET
ITE 101 101 7,939.45 7,728.09 211.36 2.74 -6.38 -3.11 8.68 77.72 67.66 65.84 104.06
BSE 200 200 7,051.46 6,873.44 178.02 2.59 -5.83 -4.72 9.22 80.60 39.17 53.44 69.95
ITE 211 211 8,629.27 8,409.39 219.88 2.61 -6.62 -3.44 11.09 95.14 73.43 127.63 182.08
BSE 500 500 22,137.19 21,589.01 548.18 2.54 -6.37 -4.60 9.14 87.86 44.64 53.21 70.07
Compliant Status No. of % of Total Market % of Total Market
Companies Traded Stocks (BSE) Capitalization Capitalization (BSE)
ITE Shariah 35 35 0.88 9,046,240.35 37.09
ITE Shariah 101 101 2.55 11,888,678.71 48.74
ITE Shariah 211 251 6.33 13,940,573.54 57.16
Shariah Compliant 1552 39.11 15,688,952.24 64.32
NC due to Ratio 1421 35.81 2,674,023.28 10.96
NC due to Industry 995 25.08 6,027,698.67 24.71
Total Traded Stocks (BSE) 3968 100.00 24,390,674.19 100.00
*NC MEANS SHARIAH NON-COMPLIANT.
  FII / DII Activity
Figures in billion
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