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.
By Arno Maierbrugger Gulf Times Correspondent Bangkok
Islamic finance is increasingly being discovered as a vehicle to support sustainable development goals by investments in environmental projects, as well as to deal with challenges of poverty, social inequality and financial exclusion, a method...
The interest money which is not claimed by people due to religious obligations is kept in suspended bank accounts.
The SBI has declined to share the quantum of money lying in suspended bank accounts in which the interest amount of customers, who do not claim it due to religious reaso...
By Syed Zahid Ahmad
The Indian Government can deny Islamic banking in India, but can’t keep ignoring the deprivation of the poor to access equities from formal sources like corporate avails from the stock market. To get rid of NPAs and be ready for Basel–III standards, Indian ban...
Mudasir Shiekh
The two main pillars of modern banking involve lending and borrowing of money on interest and fractional reserve system. On scrutinizing the laws of economic system of Islam both these two things are strictly prohibited. So an Islamic bank is supposed to function without involving ...
By S M Wasiullah for Maeeshat
As a principle investment in equity shares is considered Shariah compliant, if the business of the company is per se permissible. Then, some companies could also have a minor or even insignificant part of their income coming from impermissible sources such as from as...
By Shaik Zakeer Hussain
Bengaluru: A new Shariah-compliant investment company called Mount Judi Ventures was launched in Bengaluru on Saturday, to fund seed stage, growth stage and established businesses, which are primarily based in India.
The company plans to soon float a SEBI registered ...
NEW DELHI: No deadline has been set for introduction of Sharia or interest-free banking in India, the Reserve Bank of India (RBI) has said.
Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under Islam.
The RBI had earlier ...
