Книга: Sirajuddin Chougle and Abdul Majid Ansari «An Alternate Approach to Financial Inclusion of Muslims in India»

An Alternate Approach to Financial Inclusion of Muslims in India

Производитель: "LAP Lambert Academic Publishing"

The Government of India`s appointed Sachar Committee has documented in its findings that, Muslims and Muslim dominated areas have been categorizes as negative zones because of a certain mindset prevailing in the banking sector and also for reasons of faith and therefore bank credit and other banking facilities are not easily available to the Muslims. On the other hand Interest is haram i. e. forbidden for Muslims and therefore they have being in search of an alternate banking system that will suit their religious obligation. Time and again various institutions have been floated to serve this need but they have failed to deliver. One such institution which has survived the bubble in Mumbai is AICMEU`S Baitul Mal Co-op Credit Society Ltd. Operating from predominated Muslim localities on a very microscopic scale it has been working silently to fulfil the needs of the Muslims. A brief study of the Credit Society presented here will help people understand the concept of... ISBN:9783659294495

Издательство: "LAP Lambert Academic Publishing" (2012)

ISBN: 9783659294495

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  • India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …   Universalium

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium

  • China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …   Universalium

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

  • Russia — /rush euh/, n. 1. Also called Russian Empire. Russian, Rossiya. a former empire in E Europe and N and W Asia: overthrown by the Russian Revolution 1917. Cap.: St. Petersburg (1703 1917). 2. See Union of Soviet Socialist Republics. 3. See Russian… …   Universalium

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