E-PaperIslamic Finance News
As Raghuram Rajan departs, RBI opens door to interest-free banking
RBI says it will explore introducing interest-free banking products in consultation with the government, a key detail as this opens the prospects of supportive legislation
1 min read5 Sep 2016Indian banks have capacity to launch South Asian Shariah Fund
South Asian market is untapped for the Islamic finance and Indian stocks would be top fifty, says Ariff Sultan, regional director at IdealRatings
1 min read6 Apr 2016Bank of England sets out stall for Islamic deposits in first for Western central bank
Born in its modern form in the 1970s, Islamic finance has rapidly expanded over the past decade and there are now more than $2 trillion in Islamic financial assets
1 min read13 Feb 2016IMF endorses Islamic finance, warns it must be implemented better
A report released by the IMF this week showed the lender's growing interest in Islamic banking, which is expanding in much of the world
3 min read7 Apr 2015De-jargoned: Islamic finance
Islamic finance adheres to Sharia laws on investments and interest
2 min read21 Aug 2013HSBC scales back Islamic business in global review
The bank will focus on customers in Malaysia and Saudi Arabia and keep a limited presence in Indonesia
2 min read4 Oct 2012What is the role of Islamic finance in the Dubai crisis?
What is the role of Islamic finance in the Dubai crisis?
1 min read3 Dec 2009Malaysia an unlikely setter of standards
Malaysia an unlikely setter of standards
2 min read2 Dec 2009Dubai debt woes to boost neighbours’ Islamic bank biz
Dubai debt woes to boost neighbours’ Islamic bank biz
4 min read2 Dec 2009Dubai debt to test laws of Islamic financing
Dubai debt to test laws of Islamic financing
1 min read1 Dec 2009Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared