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Islami Tijara Equity (ITE) Indices

In Feb 2009, Pragmatic Wealth Management (PWM) launched the “Islami Tijara Equity” or the ITE Shariah Indices comprising of Shariah Compliant stocks.

The ITE Shariah Indices are derived from the ITE Shariah Compliant Universe list of stocks. The universe of listed companies on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) are screened for Shariah Compliance and the ITE Shariah Compliant Universe is derived.

ITE Shariah Indices fall in two categories
  1. Size Based Indices
  2. Sector Based Indices

Details on ITE Indices can be accessed at www.islamitijara.com/ITEIndices

Islami Tijara Magazine

On February 2010, PWM launched Finance and Investment Magazine named “Islami Tijara” and addresses a wide variety of topics on finance and investments. The research reports made by PWM research team are regularly published in the Magazine and also are available on the Knowledge Centre webpage. Islami Tijara Magazine (English & Urdu) covers a wide range of topics from Islamic Finance concepts, Interpretations from Shariah Law on Finance, and Stock Market related research reports.

Magazine subscription and other details on Current and past issues can be accessed at www.islamitijara.com/Magazine


PWM has a well developed office infrastructure and functions through its Administrative and Head Office at Mumbai Central, Mumbai.

Shariah Board

PWM has initiated and contracted the Islamic Investment and Finance Board (IIFB), which is an India based Shariah Finance and Investment Advisory Board and certifies PWM’s financial products. The IIFB comprises eminent Muftis, Aalims, and Islamic Finance Scholars from across various Islamic schools of thought. For details on Shariah Board members, Click Here


PWM has developed a robust team to focus on each of its divisions
  1. Equity Research (MBAs and Graduates)
  2. Construction of Islamic Index and its maintenance (MBAs and Graduates)
  3. Identification of Companies, Products and Methodologies for trading on the basis of Islamic Shariah (Muftis and Alims)
  4. Skilled Designer: Islami Tijara Magazine
  5. Equity Dealers
  6. Information Technology Hardware Management
  7. Marketing (MBAs and Graduates)
  8. Operations and Admin

102, 1st floor, Topaz Co-operative Society,Dr. Anandrao Nair Road, Agripada, Mumbai Central (E), Mumbai – 400011.

Tel: +91-022-23001290
Whatsapp:+91 9022178683

Email: contact@pragmaticwealth.net
Stock Broking: AP Registered No.NSE: AP1925000913  
   BSE: AP0102960144805

Member of Madhya Pradesh Stock Exchange
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