Investors gather outside the office of I Monetary Advisory in Bangalore on Thursday. Small investors across the state flocked to invest in the scheme, the amounts ranging from a few thousand to a few lakh. As the Shariah-compliant company did not take “deposits” or pay “interest”, it converted the investors into limited liability partners. But one day last week, Khan just disappeared, leaving his employees and investors in the lurch. He apparently got lured by the ‘halal’ tag.”Asif, who was among the hundreds protesting outside the company office on Friday, added: “Your earnings are halal only when you work hard for it.

Source: The Telegraph June 15, 2019 01:41 UTC