| Welcome to ICIF | Introduction
Indian Centre for Islamic Finance (ICIF) is striving to present Islamic economy and financial system as an alternative to the prevailing conventional system based on free trade and controlled economic systems. It is on one hand, creating awareness among the masses how Islamic financial system is humane, based on ethics and beneficial to all segments of the society and more particularly the marginalized and unorganized sector. On other hand, it is networking the individuals and institutions working in this field to collectively present before the regulators, businessmen, bankers and the political leaders to accommodate Islamic banking along with conventional banking. To achieve above objectives, it has conducted several m
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Aims & Objectives
To develop an institution of research, studies and training at the highest level of scholarship in the field of Islamic economics and finance.
To undertake theoretical and empirical studies for the application of principles of Islamic economics and finance in India, in different states in India and also to study such experiments in other countries.
To publish the results of the research undertaken by the centre and other institutions, individually and collectively.
To provide forum for regular contacts and exchange of ideas among the scholars interested in the subject by organizing national and international seminars, symposium, training programmes and discus
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|  | | News & EventsView More >> | THE PENINSULA QATAR: The NR Eye: NRIs, experts renew call for Islamic banks in India
Monday, 26 December 2011 03:16
by Moiz Mannan
Stock indices the world over are on a roller-coaster ride. The euro zone debt crisis is bringing back visions of the 2008 sub-prime tangle. India is struggling with external debts and a plummeting currency.
In the midst of all this, a large NRI grou...HINDUSTAN TIMES :Kerala govt's Shariah finance firm nears start
The Kerala government-promoted Shariah-compliant Al Barakah Financial Services Ltd hopes to start operations from next fiscal, pending RBI licence for non-banking finance company (NBFC). Al Barakah is also trying to get Security Exchange Board of India (SEBI) approval to float Shariah-compliant pr...OUTLOOK india.com :Islamic Banking Is the Need of the Hour: Experts
Even as RBI and government aren't keen on allowing Islamic banking, experts from the world of Islamic finances today said it is a question of "how soon and not whether it will be allowed", as this mode of banking can greatly help a fund-starved country get long-term finances.
"I...REUTERS: UPDATE 1-Group launches first Islamic interbank benchmark
UPDATE 1-Group launches first Islamic interbank benchmark
* Provides sharia-compliant alternative to LIBOR
* May be used to price range of Islamic instruments
* Rates contributed by 16 institutions
* Tenors range from overnight to 1 year
* Faces obstacles to widespread...IBN LIVE : Kerala plans low-cost airline, Islamic bankingNew Delhi: Kerala has not given up on a proposal to start an airline of its own, particularly to provide low-cost options to its vast diaspora in the Gulf, and will soon pursue this with the central government, Chief Minister Oomen Chandy has said. "We are at the moment concentrating on ou... |  |
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