Taurus Asset Management Company Limited (TAMCO) announced that they would provide advisory services to clients for Shariah compliance investments
TAMCO, in association with Multigain Shariah Investment Services Pvt. Ltd. (MSIS) as principal marketing associate, has launched its Shariah compliant PMS strategy branded as ‘TM Shariah Strategy’. The services provided by Taurus would be certified by Taqwaa Advisory and Shariah Investment Solutions (TASIS). This would be the first Shariah strategy under PMS to be certified by TASIS.
TAMCO as the investment manager of Taurus Mutual Fund launched a Shariah compliant mutual fund scheme two years ago. It now hopes to replicate it in the portfolio management sphere for investors of high net worth with its TM Shariah Strategy brand.
The TM Shariah strategy is being launched in India to bring in Shariah compliant investor services for Indian muslims and investors looking for ethical investments both in India and abroad.
