Articles liés à Islamic banking system in India: Issues and Constraints

Islamic banking system in India: Issues and Constraints - Couverture souple

Raheem, A.Abdul

 
9783659291210: Islamic banking system in India: Issues and Constraints
Couverture souple
ISBN 10 : 3659291218 ISBN 13 : 9783659291210
Editeur : LAP LAMBERT Academic Publishing, 2012

Synopsis

In India, Islamic banking is facing hurdles. There are efforts being made to establish a full fledge Islamic bank for the inclusion of the second largest population of the country which is reluctant of interest based investments. Islamic financial institutions exist in India, in the form of Non-banking financial institutions and Muslim Funds. There is a problem of managing the workforce and there is absence of standard system of operations. India has no enough reasons to avoid the exponential growth of Islamic banking worldwide. The growth in this sector is more than the growth of normal banking system. Why not it should promote Islamic banking if it’s promising sustainable development with many other advantages. The proponents of the interest free banking and finance have to prove the benefits by empirical data. The level of discourse would be at a new height if empirical studies prove the comparative advantage of Islamic banking. Therefore it could be concluded that at a time when India has adopted the policy of throwing open the Banking sector to foreign players, permitting Islamic Banks and Islamic windows in commercial banks would attract more foreign capital to the country.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

In India, Islamic banking is facing hurdles. There are efforts being made to establish a full fledge Islamic bank for the inclusion of the second largest population of the country which is reluctant of interest based investments. Islamic financial institutions exist in India, in the form of Non-banking financial institutions and Muslim Funds. There is a problem of managing the workforce and there is absence of standard system of operations. India has no enough reasons to avoid the exponential growth of Islamic banking worldwide. The growth in this sector is more than the growth of normal banking system. Why not it should promote Islamic banking if it’s promising sustainable development with many other advantages. The proponents of the interest free banking and finance have to prove the benefits by empirical data. The level of discourse would be at a new height if empirical studies prove the comparative advantage of Islamic banking. Therefore it could be concluded that at a time when India has adopted the policy of throwing open the Banking sector to foreign players, permitting Islamic Banks and Islamic windows in commercial banks would attract more foreign capital to the country.

Biographie de l'auteur

Dr. A. Abdul Raheem Associate Professor, Dept of Economics, The New College (Autonomous), Chennai-14. He has worked in different national projects in the field of Women Development and Islamic Banking. He is the author of several articles published in reputed national and international journals/Books.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
3659291218
ISBN 13 
9783659291210
Reliure
Broché
Nombre de pages
140
Coordonnées du fabricant
non disponible
Personne responsable
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