INTERVIEW-Octaware’s successful IPO lights a path for Shariah-compliant equity options in India
07 Dec 2017
Insight
Salaam Gateway
In March this year, software development company Octaware Technologies Ltd. raised funds from a 148 percent oversubscribed initial public offering (IPO) in the Indian f
inancial market, pointing to healthy investor interest in Shariah-compliant equities in the country. But it wasn’t domestic funds that was channeled into the company.
Syed Ameen Kader, White Paper Media