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Wednesday, June 19, 2013 
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Islamic banking

Islamic banking not consistent with existing laws: RBI


The Reserve Bank on Thursday said Islamic banking is not consistent with current banking laws in Ind...

Present laws do not permit Islamic banking: RBI


Reserve Bank Governor D Subbarao on Wednesday said the present laws do not permit Islamic banking in...

British High Commissioner meets Rahman Khan


Islamic banking and working of Equal Opportunity Commission (EOC) figured during talks between Briti...

RBI rules out introduction of Islamic Banking


Reserve Bank Governor D Subbarao on Thursday ruled out introduction of Islamic banking in the countr...

'Indian system not feasible for interest-free Islamic banking'


The government on Tuesday said it is not legally feasible for domestic banks to carry out interest- ...

Islamic banking is the need of the hour: Experts


Amid dilly-dallying over allowing Islamic banking in the country, experts have said it is a question...

‘Kerala to push low-cost airline, Islamic banking’


Kerala has not given up on a proposal to start an airline of its own, Chief Minister Ooman Chandy ha...

Nigerian bank to introduce Islamic banking system


A Nigerian bank will introduce Islamic banking system that abhors payment of interest on borrowed mo...