Islamic Finance Principles

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Top 20 FREQUENT WORDS

islamic 13 sector 9 banks 8 finance 7 india 7 lack 7 societies 7 banking 6 financial 6 ngos 6 companies 5 credit 5 investment 5 government 4 associations 3 branches 3 cooperative 3 corporate 3 framework 3 funds 3 gulf 3 household 3 ifis 3 institutions 3 legal 3 micro 3 muslim 3 ngo 3 organization 3 organizations 3 political 3


DOCUMENT KEY POINTS

  • this presentation i R shall tell you what is the relevance of islamic finance in muslim minority countries
  • i R what is the present situation of islamic finance i R conduct a swot analysis i R suggest remedial measures
  • are the ifis ngos i R a non governmental organization ngo is a legally constituted organization created by private persons or organizations with no participation or representation of any government
  • in the cases in which ngos are funded totally or partially by governments ngos maintain their non governmental status so far it excludes government representatives
  • institutional and legal framework negative mental block against islamic banking is a big barrier against it in the muslim minority countries
  • limitations of the corporate sector requires
  • lack of favorable political climate
  • obstacles in the establishment of ifis i R
  • i R operating in the unorganized sector i R misnomer to describe them as islamic banks i R societies registered under societies act
  • needs for micro finance in india i R with branches of commercial banks branches of regional rural banks and branches of cooperative banks banking is out of reach for millions
  • i R percent in rural india have no access to institutional credit
  • interest free societies in india
  • coincides with employment upsurge in the gulf i R concentrated in south india karnataka kerala ap and chinnai
  • interest free credit associations i R mostly established in late and s
  • islamic financial companies i R al ameen bangalore i R al falah delhi i R al mizan chinnai i R al najeeb bijnor u
  • muslim fund i R al idafa mumbai i R first three have been closed by the rbi for non compliance
  • remedies i R require legal framework i R professionalism i R transparency i R productivity and efficiency
  • i R needs to be organized


Please note, This is an auto generated summary based on sentances position in the document and other factors

DOCUMENT WORD ANALYSIS

Main Category

AlHuda Material\islamic micro


KeyWords

islam finance bankable contract client profit purchase financial asset microfin risk sale transact price murabahah busi sharia goodasset payment invest


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DOCUMENT REFERENCES

Number of Pages

18


Published Date

2016-09-17 00:47:45


Full Document

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