Top Law News No deadline for introduction of Sharia banking in India: RBI April 9, 2017 by Legal India Admin | Leave a Comment No deadline has been set for introduction of Sharia or interest-free banking in India, the Reserve Bank of India (RBI) has said. Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under Islam. The RBI had earlier proposed opening of “Islamic window” in conventional banks […] Read more ยป featured Financial Sector Reforms former RBI governor Raghuram Rajan interest-free banking interest-free banking in India introduction of Sharia RBI Sharia banking Sharia banking in India
