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Welcome to ICIF
Introduction

Indian Centre for Islamic Finance (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. It is on 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. On other hand, it is networking the individuals and institutions working in this field to collectively present before the regulators, businessmen, bankers and the political leaders to accommodate Islamic banking along with conventional banking. To achieve above objectives, it has conducted several m

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Aims & Objectives

To develop an institution of research, studies and training at the highest level of scholarship in the field of Islamic economics and finance. To undertake theoretical and empirical studies for the application of principles of Islamic economics and finance in India, in different states in India and also to study such experiments in other countries. To publish the results of the research undertaken by the centre and other institutions, individually and collectively. To provide forum for regular contacts and exchange of ideas among the scholars interested in the subject by organizing national and international seminars, symposium, training programmes and discus

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Dr Ausaf Ahmed elected as the new Chairman of Indian Centre for Islamic Finance
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Economic Times : Give Islamic Finance a chance
Give Islamic finance a chance Sugata Ghosh, ET BureauFeb 1, 2013, 04.57AM IST Some questions recur with unfailing regularity, are tossed around for months, points, counterpoints emerge and slowly peter out, only to resurface later, often before polls. Islamic finance ...

Daily Mail Online UK : Government mulls interest-free banking incentive to woo Muslim voters
  Government mulls interest-free banking incentive to woo Muslim voters By Maneesh Pandey PUBLISHED: 21:55 GMT, 10 January 2013 | UPDATED: 23:18 GMT, 10 January 2013 With as many as nine states going to polls this year, and the biggest electoral battle of them all, the Lok Sabha elec...

Business World Strict Rules, Safe Returns
  08 Dec 2012 Strict Rules, Safe Returns Shariah-compliant investing – mostly through mutual funds – may be a good investment strategy Mahesh Nayak           It is a small but significant statistic, perhaps an indicator of an emerging trend. Over...

The Times of India : RBI differs with government on four issues
RBI differs with government on 4 issues   TNN | Oct 31, 2012, 01.31AM IST   MUMBAI: Differences between the Reserve Bank of India and government are out in the open with RBI governor D Subbaraoon Tuesday spelling out four where it doesn't see eye to eye with ...

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