Pragmatic Wealth Management Pvt. Ltd. (PWM) founded by Mr. Imtiaz Merchant in the year 2009is a Shariah Wealth Management Advisory company with clear focus on Islamic Investments. It aims to tap the hugely unexplored market of Shariah Compliant Investment (Also known as Ethical & Socially Responsiblr Investing). The company PWM is registered with Registrarsof Companies (ROC). The company also has approval from SEBI to run the stock broking business. PWM is of one of the pioneers of Shariah Investment Services equipped with strong experts having technical expertise as well. PWM endeavors to create awareness about investments in the “Islamic Way”, with a clear mission to popularize the investments through social responsibility and ethics for which PMW has developed a first of its kindQuaterly Magazine focusing on Islamic Finance, registered as 'Islami Tijara'.
COMPANIES ACHEIVEMENTS
Shariah Broking Services: Our company PWM has received the Stock Broking license from SEBI vide SEBI REG.NO. INB071490636 on July 28, 2013,and we are A.P. (Authorized Person) of Madhya Pradesh Stock Exchange. By virtue of being MPSE member, our clients can trade in both BSE & NSE. Our focus remains on research of the Shariah compliant companies we unlike other brokers, discourageDay’s trading and Derivativesour past performances have demonstrated our outperformance in terms of returns on investments through our Advisory. We also provide online trading facilities to our trading members and as a broker we advise clients what to buy and sell.
Stock Advisory Services: In the year 2013 PWM launched stock advisory with brand name ‘Adaaf Advisory services’ wherein it developed various Stock Advisory Services for short term as well as medium term investment, to very long term investments, the details of the same is available on the website www.adaafadvisory.com. The performance demonstrates itself the return on investments made through investment advisory services. This service is under the SEBI registered certificate No. INH000001683 given to the PWM Director Mr. Imtiaz Merchant.
Islamic Finance Magazine: In the year 2010, PWM initiated India's premier quarterly Islamic finance magazine 'Islami Tijara'. Islami Tijara delivers to its discerning readership a mix of exclusive contributions. It provides an in-depth coverage of Islamic Finance and Investment opportunities. It aims to enhance the knowledge of people on Islamic Finance which is a burning need in today's dismal economic scenario. Every issue of Islami Tijara speaks about Islamic Finance in Qur'an, Hadeeth and Fiqh, provides Comprehensive Research Reports on Companies, Industries, Markets and Economy. Articles from reputed Writers, Columnists, Islamic Scholars and Financial Experts are published. Islami Tijara also covers news and interviews on Islamic Finance.
Shariah Index: PWM has successfully created 14 Shariah indices, that includes 5 Sized based and 9 Sector based indices in the year 2009. These Indices comprise of Shariah compliant stocks that successfully have passed the Shariah Screening Norms on Industry and financial Ratio filters. We have created a unique methodology to create these indices. All these indices are backtracked to 2006. The indices are under the Copyright of PWM. (For more details and live index prices, visit www.pragmaticwealth.net)
Shariah Compliant Stock Universe: PWM, since its inception, has screened Indian equity market on Shariah norms. As on July 2017, 1287 companies in Bombay Stock Exchange (BSE) are Shariah compliant, based on the norms approved by the Shariah board (IIFB) and its total market capitalization is 56.67 percent of the total BSE market capitalization. Out of these 1287 Shariah compliant stocks, PWM has selected 211 top companies for investments and the market capitalization of these top 211 Shariah compliant Stocks is 50.00 percent of the total BSE market capitalization.
Islamic Investment Finance Board (IIFB): Pragmatic Wealth Management Pvt. Ltd (PWM) formed IIFB in 2010. PWM receives approval of Islamic investment products from Islamic Investment Finance Board (IIFB), an independent Shariah Board. It is also a non-profit organization governed under the adept leadership of Maulana Mohammad WaliRahmani, the Secretary of All India Muslim Personal Law Board. The IIFB comprises of eminent Muftis and Aalims from across the country, namely, Maulana Khalid SaifullahRahmani, Maulana Fuzailur Rehman HilalUsmani, Mufti Shoibullah Khan, etc. The primary responsibilities of the IIFB are to issue Shariah certificate, and ensure that all the Islamic investments done are Shariah compliant.
Branches: Pragmatic Wealth Management Pvt. Ltd (PWM)has got 3branches . We aspire to go Pan India in the coming years. The 3 branches are located at: Hyderabad Bangalore Surat
Readmore @ www.pragmaticwealth.net/
BRANCHES HEAD OFFICE, AGRIPADA, MUMBAI CENTRAL(E), MAHARASHTRA
Name of the Branch |
: |
Head Office |
Registered Address: |
: |
102, 1st Floor, Topaz Society, |
Phone no |
: |
+91-022-23001290, Whatsapp:+91 9022178683 |
|
: |
contact@pragmaticwealth.net |
BHATKAL GATE, AURANGABAD
Name of the Branch |
: |
Aurangabad Branch |
Address: |
: |
Near Town Hall Bridge, VIP Road, Kaziwada, Bhadkal Gate, Aurangabad |
Phone no |
: |
:9226240048 |
|
: |
sales.awd@pragmaticwealth.net |
HIMAYAT NAGAR ,HYDERABAD
Name of the Branch |
: |
Hyderabad Branch |
Address: |
: |
3-6-365, Office No. 301, 5th Floor,Liberty Plaza, Himayatnagar, Hyderabad 500029 |
Phone no |
: |
9966888854 / +91-40-66183001 / 66183002 |
|
: |
sales.ap@pragmaticwealth.net |
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