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ISLAMIC SHARIA
RBI responds to RTI query on Sharia-compliant mutual funds in IndiaThe Islamic or Sharia-compliant financial system is based on the principles of not charging an interest on deposits, as it is prohibited un...
No steps taken for launching Sharia-compliant mutual funds in India: RBIReplying to an RTI application filed by a PTI correspondent, the central bank said the Government of India had sought its comments on the l...
No deadline for introduction of Sharia banking in India: RBIResponding to an RTI application, the RBI said it has not taken any step to introduce Islamic window in banks for gradual introduction of S...
Sharia banking: RBI proposes Islamic window in banks"Introduction of full-fledged Islamic banking with profit-loss sharing complex products may be considered at a later stage on the basis of ...
One more reason to bet on gold: New Sharia ruleThe new standard, which will allow banks to issue Sharia compliant gold products, should help ease much of the confusion and hesitation.
UAE Islamic banking sector to achieve $263 billion assets by 2019The current penetration of Islamic banking in the region stands at 21.4 per cent and represents a 14.6 per cent share of the global market.
Islamic State is targeting educated women in new wave of horror: UNUN warned educated women, particularly those who have run for elections, that they risk executions, cruel and inhuman punishments from the ...
Will play an active role to clear doubts on Muslim laws: All India Muslim Personal Law BoardOver the issue of 'Love Jihad' raised by right wing outfits, All India Muslim Personal Law Board has decided to remove misconceptions among...
Purpose behind talks with Pakistan government is to enforce sharia law: Tehrik-e-TalibanThe Taliban has said it is fighting for implementing the Islamic sharia law in Pakistan and the purpose behind talks with the government wa...
First Sharia-based NBFC to open in Kerala after RBI nodOutgoing Governor Duvuuri Subbarao, who is retiring on September 4, had earlier said that Islamic banking was not possible in the country.
- ET in the classroom: What is Islamic finance?
Islamic finance refers to a financial system that is consistent with the principles of Sharia, the sacred law of Islam.
- Insurance policy unIslamic, says Deoband fatwa
Deoband's fatwa says that insurance went against tenets of Islam.
- Reliance Money to launch Sharia-compliant portfolio in Gulf
Reliance Money has joined hands with Parsoli Corporation to launch Islamic Sharia-compliant portfolio management schemes in India and the M...
- Malaysian Hindu loses bid to stop son's conversion
Malaysian court threw out a bid by a Hindu woman to stop her estranged husband from converting their youngest son to Islam.
'All Arabs will prefer Islamic banking'According to Mr Hassan, Islamic financing is the most equitable form of financing since it enables the creation of wealth without fuelling ...
- Islamic banking in Pak attracts foreign investments
Foreign investors are showing increasing interest in Pakistan’s Islamic banking, with direct investments exceeding Rs 2,000 crore.
- Marketers wake up to greener pasture: Islamic branding
There is a new big thing in the world of marketing and it is green.