Overview
Tempsens Instruments (India) Ltd. has launched its book‑built IPO with a price band of ₹285 – ₹300 per share. The issue combines a fresh issue and an offer‑for‑sale, and is scheduled to list on NSE and BSE. For...
The Problem
When a Shariah-compliant company merges with or is acquired by a non-compliant company, you receive shares in a non-compliant entity. What should you do?
The Shariah Ruling
Sell Immediately: Dispose of non-compliant shares as soon as possible.
Keep Your Original...
Sedemac Mechatronics IPO: A Deeptech Play in Automotive Control Systems
Sedemac Mechatronics, a Pune-based manufacturer of electronic control units (ECUs) and powertrain controls, has launched its initial public offering today, March 4, 2026. The Rs 1,087.45 crore mainline IPO...
Precious metal investment has shifted from physically holding gold and silver to modern financial instruments such as Gold and Silver ETFs and digital funds. In the past, people usually invested by buying and storing physical coins or bars,...
Understanding Shariah Compliance in IPOs and Stocks: Investing wisely is essential for both financial growth and ethical alignment. For those interested in making investments that comply with Islamic law, understanding the Shariah status of Initial Public Offerings (IPOs)...
In almost all contemporary Islamic Finance structures and products, a fair amount of attention is given to how assets are being possessed, transferred and...
Our Screening CriteriaIn order for a company's shares to be considered Sharia’h-compliant for Islamic investment, they must adhere to specific screening criteria established by...