Dear All,

Indian association for Islamic Economics ( Kerala Chapter ) Organizing a
workshop on Islamic Finance In India on 21st Feb. 2009 at Ernamkulam

 

Time ; 9.30 A.M

Venue : BTH Tourist Home Cochin

Participants ;

1. Dr. Najathullah Sideeqi ( Islamic Economist, New Delhi )

2. Dr. P. Ibrahim ( Pondichery University )

3. Dr. Shariq Nisar ( Bangalore )

Entrance to the workshop is restricted by registration. those who wish
to register can contact on 991693887,9249865482,9745866606 or by E-mail
on [email protected] <mailto:[email protected]> 

 

Jamaat-e- Islami Hind, Kerala Organizing a Seminar on World Recession
and Islamic Economic Order on 21st Feb.2009 at Ernamkulam

 

Time ;  5 P.M

Venue ; Rejendra Maidan

Participants ;

1. Dr.Najathullh Sideeqi

2. Dr. K. Ramachandren Nair ( Member, Kerala Planing Board )

3. H. Abduraqeeb ( Tamil Nadu )

4. T.Arifali ( Ameer  JIH, Kerala )

5. T.K Farooq

-----------------------------------------------

Dear All,

 

It is my pleasure to share some information about Islamic Banking in
India (as well as Kerala)

 

I am proud to say there was a initiative from JIH kerala to start a
Islamic bank in Kerala but unfortunately RBI denied the request by
saying that as per the current rules and regulations RGI cant approve an
interest-free Banking. But they allowed JIH to start financial company.
AICL - Cochin was the result of this discussion. Now AICl is giving loan
(up to crores) in profit and loss basis.

 

I am also take pleasure of saying that, currently there are 13 solid
applications in front of RBI to start an Islamic Bank all over India.

 

And now there are some banks giving facility of Islamic-Counters in
their banks. Personally I am not supporting this kind of gimmicks. Coz
these counters are saving these interest based banks to not loose their
costumers. They are not willing to fully fledged interest free banking.

 

As you may aware, JIH is currently started nation wide silent campaign
(top level seminars) to make total awareness and public support in this
subject.

 

Let all to start thinking and contribute to propagate Islamic Banking.

 

We expect, Other Muslim leaders will not speak against this also because
JIH started the subject in India!!!.

 

Ismail N K 

 

 

 

 

-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Abdul Razack
Areekkan
Sent: Wednesday, February 11, 2009 5:23 PM
To: 'azeem adam'; 'Hassan Kutty'; 'Muslim Brothers';
[email protected]; 'muslim kerala'; 'islahi'; 'mujahid
conference'
Cc: 'Ajimon Adam'; 'Ajimon Adam'; 'Azeem Adam'; 'sudeer ahmed'; 'sudheer
Ahmed'; 'ashraf ali'; 'Abdul Jabir'; 'Rasheed Mohammed'; 'Rafeeq
Rafeeq'; 'Karim Thadathi kunel'; 'Abdul Jabbar TM'
Subject: {IIG} RE: Islamic bank in Kerala

 

 

 

Walaikum Assalam WBR,

 

let us hope and pray that Insha Allah, someone would take an initiative
to

take up this challenge

 

 

 

-----Original Message-----

From: [email protected]

[mailto:[email protected]] On Behalf Of azeem adam

Sent: Wednesday, February 11, 2009 2:50 PM

To: Hassan Kutty; Muslim Brothers; [email protected]; muslim

kerala; islahi; mujahid conference

Cc: Ajimon Adam; Ajimon Adam; Azeem Adam; sudeer ahmed; sudheer Ahmed;

ashraf ali; Abdul Jabir; Rasheed Mohammed; Rafeeq Rafeeq; Karim Thadathi

kunel; Abdul Jabbar TM

Subject: Islamic bank in Kerala

 

 

 

Assalamu alaikum 

 

    Do we have any Islamic bank in Kerala ?  If not,  what could be the

problems to begin.  Any experts in this forum to deal with this ?  I

remember, there was one in Bangalore called Amanath bank . 

 

Any comments on this topic ?

 

 

 

Jazakallahu khairan 

 

Azeem 

UN , Lebanon 

 

 

 

      

 

 


 




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