Cheraman Financial Services Limited

Cheraman Financial Services Limited

Non-banking finance company Cheraman Financial Services Limited, with an authorised capital of Rs 1,000 crore, launched its operations in Kerala.

Cheraman Financial Services Ltd has been established with equity participation of M/s Kerala State Industrial Development Corporation and private investors, mostly Gulf based NRIs.

Cheraman Financial Services Ltd is a Shariah Certified Organization.

The logo of  Cheraman Financial Services Limited

                                                      

The Fund will be Shariah compliant and will not invest in stocks of the companies whose business activity is conventional financing, insurance companies, securities trading companies, entertainment including film production companies, cinema, cable TV, music etc., explosives, alcoholic beverages like wine and liquor, tobacco and its related products, pork and non- Halal food producing companies.