Wed, Nov 26, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Islamic bank in India: Plea to move Supreme Court

Posted on 02 February 2010

From Hindu.com: The Kerala State Muslim Jama-ath Council of India has urged the State government to move the Supreme Court in order to get the High Court stay lifted on the government move to set up a development bank based on Islamic financial principles.

A. Pookunj, general secretary of the council, contended that the huge sums of money deposited by Muslims in commercial banks without accepting any interest could be used for the State‚Äôs development if rerouted to an Islamic banking institution…………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930