WEALTHCITY WEALTH CITY INVESTMENTS SHARIAH

Wealth City, provides Faith based Financial and Investment solutions to clients, specializing in Shariah / Ethical investments.

We are the first of its kind in Whole of South India to provide Shariah / Ethical Investment Services. We have tied up with Religare, a Ranbaxy Group company to bring the best of Stock Markets, Mutual Funds, Portfolio Management Services, Real Estate Investment, Wealth Management Services, etc all in Ethical / Shariah Compliant Way.

Our in-depth research, technical analysis and powerful trading tools coupled with highest standards of service are tailored to suit the requirements of investors, from first- time participants to seasoned professionals.

We provide a complete financial suite to investors to pursue their investment goals with a dedicated team of brokers and an advanced e-trading portal which enables investors to buy and sell securities with ease, anywhere, anytime. Ethical Wealth City & Investment Services currently caters to a diverse client base including local, regional and international investors who may be individuals or institutions.

We aim at creating a “Just and Equitable World” and Wealth City is a step towards that goal, whose services will inculcate a culture of savings and investments, ethically and profitably there by creating Wealth and help individuals achieve their long-term financial goals.

We at WealthCity believe in offering reliable, flexible and innovative services while delivering a constant level of client experience through our continuous pursuit of our clients' financial success.

In order to meet the requirements of Islamic investors and to guide them, WEALTHCITY along with AMANAH Research, has created the SHARIAX (Shariah India Equity Index) - made up of 50 Shariah compliant stocks. To know more on SHARIAX click here.

KEY FEATURES

•     Comprehensive coverage

The Shariah Screening Process conducted by Amanah Research covers all stocks listed in Indian Stock Markets, and the resulting Shariah List confirms to strict Shariah Compliance Standards and also has good representation of companies of Large & Mid Cap and are composed of various sectors, giving investors a ideal blend to chose from for a optimised portfolio with adequate Risk Management.

•     Impartial and Certified

By coordinating with Amanah Research., an impartial Islamic advisory with respectable Scholars who have authoritative understanding on Shariah and Finance, Scholars who represent all of the major Shariah schools of thought, creating a best practice approach that has credibility across all regions of the Islamic world.

•     Stock  screening

A more accurate and transparent approach to Shariah compliance is ensured by Screening Stocks against a clear set of guiding principles issued by Islamic Fiqh Academy, AAOIFI, Shariah Scholars.

Financial parameters like Debt Equity Ratios, Accounts Receivable, etc are verified on a free float Market Capitalization methodology on a list of more than 6000 companies listed in Indian Stock Markets, making the resultant Shariah Stock List concise and comprehensive, with a list of companies with good financials and ethical business practices.

•     School-neutral

Amanah Research scholars represent all of the major Shariah schools of thought, and are from leading Islamic Universities like Madina University, Deoband, Jamia Dar us Salam, etc there by creating a best practice approach that has credibility across all regions of the Islamic world.

•     Continuous evaluation

The Shariah Stock List is continually evaluated by Amanah Research against stringent Shariah principles, enabling WealthCity’s quarterly reviews to reflect the most current Shariah-compliant status.