Community Backing

While many communities are coming up with support/investment funds for their members, such as Kutchi Angel Network, which works with Jains, Muslim entrepreneurs have come up with Halal Investments, a firm based in Ahmedabad that is Shariah compliant and open for everyone in the global community.

"Secura and a couple of others have already floated venture capital funds based on Shariah...Al-Barakah is now planning to launch one soon," H Abdur Raqeeb, general secretary, Indian Centre for Islamic Finance.