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Article Details :: |
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| Article Name : | | | THE ISLAMIC BANKING SYSTEM AND INDIAN ECONOMY | | Author Name : | | | Dr. Shaikh Tasleem Ahmad | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ROR-15790 | | Article : | |  | Author Profile | | Abstract : | | | This article is an effort to make clear the meaning, principles, working system and significance of Islamic banking in modern era. The Islamic banking operates in accordance with Shariah (Islamic law) principles, which prohibit interest (riba) and promote ethical and equitable financial practices, and on the other side the conventional banking which operates under a profit-maximization model that allows for the charging and payment of interest | | Keywords : | | - Islamic Banking,Conventional Banking,
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