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Paper: A Vision for the Future of Islamic Economics, Sept. 2013, Istanbul, Turkey Paper: Future of Islamic Economics, 2012, India
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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
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 under
The Islamic Finance Model
The Islamic economic model has been developed over time, based on the rulings of Sharia on commercial and financial transactions. The Islamic financial framework, as seen today, st
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Ask The Expert
- ICIF provides Loan
ICIF is a nonprofit NGO working to create awareness on Islamic Finance in India. We are not into any kind of finance activities and do not provide loans or other financial aids. As per the present sc...
- Can I work with ICIF however I am not with finance?
Yes, We have different types of work for Non Finance. But you should have some knowledge of Office work.
- Where is the office of ICIF?
ICIF head office is in New Delhi since last 10 years. We are also looking many office for other states.
- Is ICIF only working in India?
Yes, ICIF is only working for India and its states.
- What is ICIF?
ICIF: Indian Center for Islamic finance is an institution which are trying to develop a platform where people can come and know about Islamic Finance.
Wolfgang Schafuble
Wolfgang Schafuble
Prof. Vishwas Vyas- Former President ABVP, Indore
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Meet with Lubna Sherawat
Dr. Lubna sarawath is a PhD holder in Islamic Economics & Finance from Trisakti Universtiy of Jakarta, Indonesia, social activist and convener SOUL Hyderabad (An NGO working to save urban Lakes) . ICIF General Secretary Mr. H Abdur Raqeeb made a discussion on Islamic finance and Banking in India
Kamarunnisa,Patiala, Research Scholar
“It was great experience visiting here. Provided me with a valuable information which would surely help me in my research study. I found people here very cooperative. Best of luck for the future.”
ICIF welcomes the RBI Committee recommendations on interest free windows in existing banks.
RBI Committee on Medium term Path for Financial Inclusion headed by Shr. Deepak Mohanty has released its report and recommendations yesterday (28-12-2015) to increase financial inclusion in India.One of the major recommendations is permitting Interest Free Windows in existing conventional banks.The committee observed Commercial banks may be enabled to open specialized interest-free windows with simple products like demand deposits, agency and participation certificates on the liability s...
Contact US: +91 11 29945946
Email Id: info@icif.in
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Dr Nejatullah Siddiqi
Paper: A Vision for the Future of Islamic Economics, Sept. 2013, Istanbul, Turkey
Publications
INSURANCE AND ISLAMIC LAW Author : Dr. Muhammed Muslehuddin Publisher : Markazi Maktaba Islami, New Delhi
Testimonials
For the first time a debate over real economic issues concerning the Muslim community is taking place and a demand is gradually emerging that the government should take specific measures to introduce ...
THE FRONTLINE- OCT 23, 2009
“ A good effort.. I hope soon we will have an ethical economic system in the country”
Dr. Zafarul Islam Khan, New Delhi, Editor Milli Gazate
“The efforts made in the direction of islamic Banking in India by ICIF is very encouraging . I hope this endeavour will bear fruits near in future”
Mohammed Sulaiman, President Indian National League
Janab Abdur Raqeeb saheb is very committed to his task and the dream of Interest free Banking. In Sha Allah it will be realised soon. I am committed to support this cause whatever way I can.
Dr. Galfar Mohamed Ali - Founder of Galfar Engineering and Contracting Co
“It is heartening to note that the world is moving towards Islamic with a zealous desire to solve the problems of the needy and the deserving people. I am fully hopeful that the almighty is behi...
S.M Mallick, Hyderabad. Editor Geturai Telugu Magazine
बहà¥à¤¤ सालों से यहां आता जाता था। कà¥à¤¯à¥‹à¤‚à¤...
Prof. Vishwas Vyas- Former President ABVP, Indore
"Visited ICIF , Discussed some developmental issues and possibilities of Micro finance through self groups. I understood that they are doing a lot in this area. But at the sametime it is very lit...
Dr AB Moideen Kutty- Director Minority Welfare, Government of Kerala
Happy to see ethical finance work as this what can work for the poor and marginalised
Kumar Shailabh- Co-Founder, Director Excecutive Uplift Mutuals, Pune
Perhaps the best collection on Islamic finance outside India. I sincerely hope the organisation continues to develop the library further so that it becomes an invaluable store of knowledge on thre sub...
MH Khatkhatay- Director- TASIS
I have heard the entire story of ICIF,how it fought for the betterment of the society and the Country. The advocacy efforts are extraordinary. May Almighty bless you and the foundation. I can see the ...
Mohammed Suhail K.K, Director-Quill Foundation
Attractive destination: Saudi Arabia plans investments worth $100 bn in India
NEW DELHI : Saudi Arabia, the world's biggest oil exporter, is looking at investing USD 100 billion in India in areas of petrochemicals, infrastructure and mining among others, considering the country's growth potential.
Saudi Ambassador Dr Saud bin Mohammed Al Sati has said India is an attractive ...
Indian banks should exploit untapped potential in Islamic banking: Experts
By Ashwini Shrivastava
Singapore, Oct 28 (PTI) Indian and foreign banks should exploit Islamic banking''s untapped potential to ensure the financial inclusion of “unbanked” populations excluded by the existing financial system, several experts have said.
Islamic banking is a finance ...
NEW HALAL OPTION IN KERALA'S SAVINGS SCHEME FOR EXPATS IN UAE
The Kerala State Financial Enterprises (KSFE) Pravasi Chitty, the savings scheme for expats from the state, is now Shariah-compliant, an Indian minister said in Abu Dhabi.
Kerala's Finance Minister Thomas Isaac said the chit fund scheme is now available with an additional 'halal' option and...
