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Disclaimer – Zamzam Capital – SEBI Registered Research Analyst – Reg.No. INH000016199
1. Investments in the securities market are subject to market risks. Read all the security-related documents carefully before investing.
2. Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any), Enlistment with RAASB/BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
3. Subscription paid for Research recommendations is non-refundable unless our registration is suspended or canceled by SEBI.
4. There are no guaranteed returns or profits or fixed returns in the stock market.
5. Our fees/subscription charges are fixed and we do not operate on any profit-sharing model.
6. We do not manage your funds. You have to take entries and exits in your own account.
7. There is no inducement. We are not responsible for any financial loss or any other loss incurred by the client.
8. Invest/Trade only as per your risk appetite and risk profile.
9. Past performances and results are no guarantee of future performance. Market and Stock performance may vary based on various factors and risks.
10. All recommendations shared are confidential and for the reference of paid members only. Any unapproved distribution of sensitive data will be considered as a breach of confidentiality and appropriate legal action shall be initiated.
11. The recommendations must not be used as a singular basis for any investment decision. The views do not consider the risk appetite or the circumstances of an individual investor; readers are requested to take professional advice before investing and trading. Our recommendations should not be construed as investment advice.
12. Our recommendation may be based on Technical and/or Fundamental and/or Combination of Technical and fundamental.
13. The research analyst or research entity or his associate or his relative does not have a financial interest in the subject company.
14. The research analyst or its associates or relatives, do not have actual/beneficial ownership of one percent or more securities of the subject company, at the end of the month immediately preceding the date of publication of the research report or the date of the public appearance.
15. The research analyst or his associate or his relative does not have any other material conflict of interest at the time of publication of the research report or at the time of public appearance.
16. The research analyst or its associates have not managed or co-managed the public offering of securities for the subject company in the past twelve months.
17. The research analyst or its associates have not received any compensation or other benefits from the subject company or third party in connection with the research report.
18. The research analyst has not been engaged in the market-making activity for the subject company.
19. The research analyst has not served as an officer, director, or employee of the subject company in the past 3 years.
20. The research analyst did not receive any compensation or other benefits from the companies mentioned in the documents or third parties in connection with the preparation of the research documents. Accordingly, the Research Analyst does not have any material conflict of interest at the time of publication of the research documents.
Saif is a prominent Islamic Banking and Corporate Finance expert. His focus lies on developing Shari’a compliant savings, credit and investment products for the Indian market. He is the Managing Partner at Zamzam Capital LLP, a Shari’a compliant wealth management firm focused on the Indian stock market. He had earlier managed Zayd Chit Funds Pvt. Ltd., which was India’s first Shari‘a compliant licensed chit fund company. Saif began his career as an investment banker working for Merrill Lynch and J.P. Morgan in New York and London. He later worked in senior roles as an Islamic Banker in Kuwait with the investment subsidiaries of Kuwait Finance House, the 2nd largest Islamic Bank in the world. Saif graduated from Bates College, USA with a double major in Economics and Mathematics and is also a graduate of the London School of Economics.