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The claim

Sharia funds are accepted only at the Kerala Malappuram branch of State Bank of India

Original publisher’s rating

Misleading. The manager of the bank clarified to us that SBI does not have an investment in the name of Sharia Fund, but SBI Life offers a mutual fund scheme named Pure Fund that invests exclusively in accordance with Sharia law. It is available across the country, not only in Malappuram.

Reviewed by Fact Crescendo ↗ ·

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Sources and attribution

    Original review: Fact Crescendo. Structured data compiled by Data Commons under CC BY 4.0. Publisher article content is subject to its own terms.

    Updated