Re: [silk] Kerala Government Initiative for creating investmentopportunities for Muslims

2009-10-08 Thread anish . mohammed
Kiran, Apologies for the top post (blame it on blackberry). I am assuming as one of the target population, I found this an intersting develpment. I have to admit that I came across a report on Forrester on islamic banking, I am gald that kerala gov has taken the initiative for right or wrong

Re: [silk] Kerala Government Initiative for creating investmentopportunities for Muslims

2009-10-08 Thread Nikhil Mehra
On Thu, Oct 8, 2009 at 1:24 PM, anish.moham...@gmail.com wrote: Kiran, Apologies for the top post (blame it on blackberry). I am assuming as one of the target population, I found this an intersting develpment. I have to admit that I came across a report on Forrester on islamic banking, I am

Re: [silk] Kerala Government Initiative for creating investmentopportunities for Muslims

2009-10-08 Thread Kiran K Karthikeyan
2009/10/8 anish.moham...@gmail.com Co-existance of islamic ( this definition is gray area) with normal banking exists in some european countries, I believe there is even a few operating in US (according to report). I'm aware of co-existence to the extent that they are available, but are they

Re: [silk] Kerala Government Initiative for creating investmentopportunities for Muslims

2009-10-08 Thread Aadisht Khanna
On Thu, Oct 8, 2009 at 1:54 PM, Kiran K Karthikeyan kiran.karthike...@gmail.com wrote: I'm aware of co-existence to the extent that they are available, but are they also covered by regulations, deposit insurance etc.? Are there for example, different capital adequacy norms for Islamic

Re: [silk] Kerala Government Initiative for creating investmentopportunities for Muslims

2009-10-08 Thread Thaths
On Thu, Oct 8, 2009 at 3:51 AM, Aadisht Khanna aadisht.gro...@gmail.com wrote: [1] Only mild exaggeration. The Islamic Banking division of my former employer was run by a TamBrahm. The most senior Muslims were the advisory council who passed judgement on whether the products devised were halal