We provide information and guidance for those who want to pursue course in Islamic Banking/Finance. We also provide material and latest data for the students engaged in the research of Islamic Banking/Finance.
No steps have been taken in India for the introduction of Shari’ah-compliant mutual funds, despite the government making plans for their introduction in December 2014.
The Reserve Bank of India (RBI), replying to a request for information, said that it had given the government advice on the...
Replying to an RTI application, the central bank said the Government of India had sought its comments on the launch of Sharia-compliant mutual funds by State Bank of India in December 2014.
New Delhi: No steps have been taken for the introduction of Sharia-compliant mutual funds in I...
The ‘Halal Fayidah’ bank aims to attract devout Muslims who are out of the conventional banking system as giving and charging interest is against Islamic law.
by TA Ameerudheen July 28
An interest-free cooperative bank modelled on the lines of the Islamic banking system – possi...
CONCEPT OF ISLAMIC FINANCING MAKES ITS MARK IN TELANGANA
By Md Nizamuddin
Hyderabad: The concept of ‘Islamic finance’ has made its mark in Telangana. The Seva registered as Mutually Aided Cooperative Credit Societies (MACCS) started its operations in Sangareddy in 2012 an...
CHRISTIAN,MUSLIM HOUSEHOLDS TOP IN DONATIONS FOR CHARITY
But in absolute terms, Hindus contributed maximum in 2014-15, thanks to larger population, according to National Sample Survey data
Hindus donated a little over ₹15,600 crore as religious contribution in 2014-15 — six times the quant...
It was 10 am, which meant that the time for transactions had officially begun. On a weekday morning in mid June, Anjum, a 42-year-old jewellery seller, arrived at the Al-Khair Cooperative Credit Society’s Delhi branch, in a tall building in Okhla. Clothes-lines ran through the small office, ...
(Special to ViewsHeadlines.com)
Zakat is not very wisely practiced by Muslims in India. The management system for zakat is elementary. Even now the public opinion is that it is enough to hand a few kilos of flour or some length of cloth and a few hundred rupees is what should be given to beggars ...
