News

The Story Behind The IMA Scam

IMA

Bengaluru-based financial Company, I Monetary Advisory (IMA) has put down shutters on its offices and its CEO and Managing Director Mohammed Mansoor Khan has gone absconding, leaving thousands of customers in the lurch.

What was the business model behind IMA? Was is Halal? Was it a Ponzi scheme? Will the investors get back their money?

In this interview with The Cognate, Saif Ahmed, a Bangalore-based Islamic finance expert explains it all.

Have you subscribed to our channel yet? ➡️https://www.youtube.com/thecognate?sub_confirmation=1

(FOR THE LATEST NEWS UPDATES AND STORIES ON INDIAN MUSLIMS, FOLLOW THE COGNATE ON OUR FACEBOOK PAGE, TWITTER, INSTAGRAM OR SUBSCRIBE TO US ON OUR TELEGRAM CHANNEL.)

Before you go, please subscribe to our free newsletter below to be notified about our articles.

* indicates required

Leave your vote

0 points
Upvote Downvote
Click to comment
To Top

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy