Strategic Framework for Introduction of Islamic Banking in India
Journal Title: International Journal of Economics, Commerce and Research (IJECR) - Year 2017, Vol 7, Issue 4
Abstract
India has a very robust conventional banking system. However, lack of availability of Islamic-Banking in India results in huge losses of investments from rich Gulf nations that are looking for Shariah-Compliant investment avenues. Besides, India has the second highest Muslim population in the world. They too have been demanding Islamic-Banking in India. India would stand to gain a lot if Islamic Banking is gradually introduced. Many high-level committees of the Government as well as the Reserve Bank of India have advocated for Islamic Banking. This paper is an attempt to suggest a framework for the Introduction of Islamic Banking in India.
Authors and Affiliations
Sana Beg
Keywords
Related Articles
- EP ID EP239749
- DOI -
- Views 118
- Downloads 0
Convergence of Socioeconomic Progress Across Indian States
This paper examines the issue of convergence of various socioeconomic indicators among Indian states. The study is comprehensive in the sense that it does not only concentrate on Income convergence, convergence of human...
PRODUCTIVITY ANALYSIS OF INDIAN COMMERCIAL BANKS: A COMPARATIVE STUDY OF PUBLIC PRIVATE AND FOREIGN SECTOR BANKS
The competetion in the banking industry is increasing day by day. It is veryt difficult to retain the customers. To improve the service to delight the customer it is essentail to know the parameters which helps to study...
TAPIOCA IN TAMILNADU-AN OVERVIEW
Tapioca is an important staple food crop and industrial crop in Asia, Africa, and Latin America. Because of its drought tolerance and wider adaptability to varied soil nutrient and agro-climatic conditions, resistance to...
An Empirical Analysis of Relationship Between Selected Indicators of Sustainable Development and Financial Development in India
This study attempts to empirically examine the link between selected indicators of sustainable development and financial development (measured by a composite index) in India, during 1980 - 2011. Towards this objective, J...
Profitability Determinant of Conventional Commercial Banks using Credit Risk As a Moderating Variable
This research aimed to analyze the influence of CAR, LDR and BOPO partially on profitability (NIM) and to analyze NPL as a moderating variable in relation between CAR with NIM, LDR with NIM, and BOPO with NIM. The...