Islamic finance in India: a prospective
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Nitesh, Chennai: Apr 29 2008
Made Popular Apr 29 2008
The Indian Economy is blazing since last couple of years, as per government claims and similarly Indian stock exchange is also showing remarkable performance by crossing the 21K mark however, it also dipped below 15K. But it happens in the stock market...
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In the pre-partition days, the British Indian Government used to have two pitchers on railway platforms. One contained the Hindu water and the other Muslim Water. Can the water be branded on the basis of religion like human beings? Similar seems to be the case of Islamic Banking. Banking is banking. And every one is out in the arena of finance to earn fast bucks not to adhere to the lofty tenets of religions. Which religion preaches violence and hatred for other religion? But in practice it is often reverse. Same is the case with banking.

Yes, it is correct that Islam is an egalitarian religion in which every one should be treated at par. But in practice does it happens? Similarly, Christianity teaches us compassion. But what is practiced does not need hindsight.

On the other hand, Americans, irrespective of their faiths, creed and colours are philanthropists with no match elsewhere in the world. That is model before the rest of the world.
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Farheen Jamal
kolkata, India
banking is banking and can no in no way be classified as islamic banking or hindu banking, how can finance be classiied on the basis of religion. this whole idea is absurd and weird as far as my views are concerned.
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