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Latest Articles in islamic banking
No Islamic Banking In India: RBI
In a major move, the Reserve Bank of India (RBI) has decided not to pursue a proposal for introduction of Islamic banking in the country.
Read MoreGovernment May Announce Islamic Banking Norms
Islamic banking is based on an interest-free principle in line with Islam's ban on usury; RBI has proposed opening of 'Islamic window' in conventional banks
Read MoreIslamic Banking Will Strengthen Democracy In India
The Government must nurture young sapling of Islamic Banking so that the country may reap the benefit of its fruit in the coming years
Read MoreAs Rajan Departs, RBI Opens Door To Islamic Finance
The RBI said it would explore introducing interest-free banking products in consultation with the government
Read More