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Blast
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Mulayam
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Caste based census will further divide
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Class 12, Gulf students excel in CBSE Class 10 exams too |
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CBSE Class 10 Results:
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After
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Students from the Gulf region have outperformed their India
counterparts in the Central Board of Secondary Education (CBSE)
exams ....
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Organizers of an
eight—ship flotilla said on Friday they continued to head ....
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Malegaon:
In order to create awareness about the interest free banking in
India, New Delhi based Indian Centre for Islamic Finance (ICIF)
launched a special website on Islamic Finance.
The website –
www.icif.in was launched by Dr. Fazlur Rahman Faridi , Chairman, Indian Centre for Islamic Finance
who expressed his appreciation on the work done on the website and
hope that people in India and abroad will utilize this facility.
"The website would create awareness
among the students, scholars and the regulators about the need and
relevance of Islamic finance, which has emerged as a possible
alternative after the financial Tsunami in the west", Dr. Faridi
said in his inaugural address.
Dr. Faridi is one of the pioneer in the field of Islamic economics
and finance in India. He had completed his Masters in Economics and
Ph.D from Aligarh Muslim University. He was Professor in Economics
in Aligarh Muslim University and King Abdul Azeez University,
Jeddah, Saudi Arabia. He is also the chairman of Indian association
for Islamic Economics. He has also guided most of the leading and
prominent personalities in the field of the Islamic economics and
finance.
Among the trustees of ICIF are Dr. Nejajatullah Siddiqui, King
Faisal International Prize winner and pioneer of Interest Free
banking in the world, Dr. Ausaf Ahmad, Janab Syed Mohammed Jafar,
Dr. Rahmatullah, Dr. Shariq Nisar, Janab Syed Gulam Akbar, Dr.
Obeidullah, Dr. Waquar Anwar, Janab K M Abdul Salam, Janab Noorullah
Siddiqui and Janab Abdul Rasheed.
While introducing the website during
the inaugural function, ICIF General Secretary H Abdur Raqeeb
detailed the concept of Islamic finance and interest free banking
and its feasibility in India.
“ICIF is striving to present Islamic
economy and financial system as an alternative to the prevailing
conventional system based on free trade and controlled economic
systems", he said.
"It is on the one hand creating
awareness among the masses how Islamic financial system is humane,
based on ethics and beneficial to all segments of the society and
more particularly the marginalized and unorganized sector", he
added.
"Moreover", he said, "It is networking
the individuals and institutions working in this field to
collectively present before the regulators, businessmen and the
political leaders to accommodate Islamic banking along with
conventional banking. For that it has conducted several seminars,
workshops and interactive sessions and proposes to produce
literature in English and Hindi apart from Urdu to create awareness
among the masses."
He asked, “If London Tokyo, Singapore, Hong Kong and Paris can
become hub and house of Islamic Finance and Banking why not Mumbai?”
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