Home / News / Islamic Banking

Category Archives: Islamic Banking

Feed Subscription

Islamic Banking

Shariat-compliant Cooperative Bank Launched in Kerala

Shariat-compliant Cooperative Bank Launched in Kerala

Maeeshat.in, Thiruvananthapuram, July 28: From its name its idea and nature are evident. Halal Fayidah, an interest-free cooperative bank launched in Kerala’s Kannur districtthis Monday, is said to have been modeled on the lines of Islamic banking and finance. According a news ...

Read More »

Islamic Capital Market Witnessed Surge in 2016: Report

Islamic Capital Market Witnessed Surge in 2016: Report

Maeeshat.in, Kuala Lumpur (Malaysia), July 17: Despite the global slowdown which did not spare even the Islamic financial industry overall, Islamic capital market surged in 2016 compared to the previous year. “Islamic Capital Market performed better in 2016 than in ...

Read More »

UAE a major hub for Islamic bond issuances: IMF

UAE a major hub for Islamic bond issuances: IMF

By Maeeshat.in Desk, UAE, July 15: The International Monetary Fund, in its latest report, has admitted growth of Islamic finance and banking in the United Arab Emirates. “UAE is also a major hub for Islamic bond issuances―during 2001–15, $53.8 billion ...

Read More »

Why Islamic Banking is said to be irrelevant for India?

Why Islamic Banking is said to be irrelevant for India?

By: – Syed Zahid Ahmad In 2006 the RBI’s Working Group to examine the financial products used in Islamic banking stated that ‘as distinct from modern, conventional banking, Islamic banking due to its inextricable influence of religious doctrines has often ...

Read More »

Islam not meant for promoting religion based banking

Islam not meant for promoting religion based banking

By:- Syed Zahid Ahmad for Maeeshat In 2006 the RBI’s Working Group to examine the financial products used in Islamic banking mentioned that ‘as distinct from modern, conventional banking, Islamic banking due to its inextricable influence of religious doctrines has ...

Read More »

Blow to Islamic Banking in India

Blow to Islamic Banking in India

In spite of RBI’s green signal, the government says No ? Dr Raja Muzaffar Bhat Before handing over his charge to present RBI Governor Urjit Patel, former Governor of Reserve Bank of India Raghuram Rajan had proposed working with the ...

Read More »
Scroll To Top