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Islamic window in Indian banks

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abu mohammed
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#1 [Permalink] Posted on 21st November 2016 07:43
The Reserve Bank of India (RBI) has proposed opening of “Islamic window” in conventional banks for “gradual” introduction of Sharia-compliant or interest-free banking in the country


Support is expected as India – acknowledging the upward trajectory of the global Islamic finance industry – is working towards broadening its potential to become a favoured investment destination for Middle Eastern and Southeast Asian investors looking for Shariah-compliant investments.


Referece-
islamhashtag.com/proposal-for...-indian-banks/
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