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India’s central bank opens door to Islamic finance

India’s central bank opens door to Islamic finance

Mumbai, (SM/IINA) : India’s central bank has proposed working with the government to introduce interest-free banking to tackle financial exclusion for religious reasons, potentially opening Islamic finance to the largest Muslim minority population in the world. The Reserve Bank of ...

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Islam Permits Trade and Prohibits Riba

Islam Permits Trade and Prohibits Riba

By Er. Izhar Khan Religion is thought to influence economic performance at the individual, group, and national level. Islam is a religion of peace which today governs the life of 1.6 billion Muslims around the world. Islam gives the principles ...

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