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Sharia banking News

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Reserve Bank of India
12 Nov 2017
RBI says no to Islamic banking in India
Replying to an RTI query, the central bank said the decision was taken after considering "the wider and equal opportunities" available to all citizens to access banking and financial services.
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Reserve Bank of India
09 Apr 2017
No deadline for introduction of Sharia banking in India: RBI
No deadline has been set for introduction of Sharia or interest-free banking in India, the Reserve Bank of India (RBI) has said.
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Sharia banking
27 Feb 2017
Can't share details of govt response on Sharia banking: RBI
The response given by the Finance Ministry on an RBI report about the introduction of Sharia banking in India cannot be disclosed, the central bank has said.
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Sharia banking
20 Nov 2016
RBI proposes 'Islamic window' in conventional banks for gradually introducing Sharia banking
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.






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