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HindustanTimes Thu,09 Feb 2012
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Dawn of a new era
10-May

Finding new horizons: Sareshwala is encouraging Muslims to invest in the stock market where the community’s participation is negligible due to religious concerns.
Finding new horizons: Sareshwala is encouraging Muslims to invest in the stock market where the community’s participation is negligible due to religious concerns. Dawn of a new era
       
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Finding new horizons: Sareshwala is encouraging Muslims to invest in the stock market where the community’s participation is negligible due to religious concerns. Dawn of a new era
Time to come out of darkness of ignorance: As he pursued his business revival plans, he began exploring his own religion to seek answers to some fundamental questions. Dawn of a new era
Mumbai-based Zafar Sareshwala waltzes through the glittering world of stock markets. Dawn of a new era
He now had a business model- Islamic stock broking. His company would create an Islamic Equity Index that would separate the Shariah-compliant stocks from the ones that were banned according to religious guidelines. Dawn of a new era
From Ahmedabad to Moradabad to Kashmir, Sareshwala is reaching out to Islamic clerics who educate common Muslims on how there are many stocks they can invest in without having religious concerns. Dawn of a new era
Sareshwala
Zafar Sareshwala enjoying a meal with his family. Dawn of a new era
When he e-mailed details about himself to Sareshwala, it was the kind of moment that makes people fall off chairs. Baader turned out to be the chairman of Germany’s Baeder Bank and president of the Munich Stock Exchange. Dawn of a new era
This philosophy is also appealing to a lot of non-Muslims. In fact, we now have 20 per cent of non-Muslims as our clients,” says Sareshwala. Dawn of a new era
Uto Baader bought a 10 per cent stake in the company, and was so impressed with its performance that over a year, he became a majority shareholder, but left the company’s control in Sareshwala’s hands. Dawn of a new era
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