Seyad Shariat Finance Limited
About Company
Seyad Shariat Finance Limited
– Type: Non-Banking Financial Company (NBFC)
– Registered with RBI: November 9, 1998
– Registration Number: 07.00364
– Registered under the Indian Companies Act, 1956
– Commencement Date: December 1, 1989
Seyad Shariat Finance Limited is a non-banking financial company (NBFC) that has been registered with the Reserve Bank of India (RBI) since November 9, 1998, under registration number 07.00364. It operates in compliance with the Indian Companies Act of 1956.
The company was established on December 1, 1989, with a unique approach—it adopts an “Interest-free Economic System.” This distinctive system aims to maintain social equilibrium by promoting lawful transactions that do not involve interest. Seyad Shariat Finance Limited envisions contributing to the eradication of social imbalances by encouraging economic activities that adhere to these principles.
This commitment to an interest-free economic system reflects the company’s dedication to fostering social equality and ethical financial practices. By providing financial services that align with these principles, Seyad Shariat Finance Limited contributes to a more equitable and just society.