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 2016South 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 2016Born 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 2016A 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 2015Islamic finance adheres to Sharia laws on investments and interest
2 min read21 Aug 2013The 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?
1 min read3 Dec 2009Malaysia an unlikely setter of standards
2 min read2 Dec 2009Dubai debt woes to boost neighbours’ Islamic bank biz
4 min read2 Dec 2009Dubai debt to test laws of Islamic financing
1 min read1 Dec 2009The 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