Islamic banking gets RBI approval

Source: TOI

KOCHI: The Kerala government has got the go-ahead from the Reserve Bank of India ( RBI) to launch a financial institution following the principles of Islamic finance.

Cheraman Financial Services Limited (CFSL) will be floated by Kerala State Industrial Development Corporation to function as a non-banking finance company (NBFC).

Categories: Asia, India

2 replies

  1. REQUEST ISLAMIC BANK
    ASSALAM VALAIKUM DEAR SIR AM MUSLIM MAN NAME SYED BADARE ALAM BELONG TO POOR FAIMELY. SIR FINANCIALY POSITIO IS VERY BAD. I HAVE NO MY HOME. I WANT SMALL HOUSE PURCHASES BUT I HAVE NOT MONEY MY HAND. PLEASE HELP ME BY ZAQAT FUND OR ANOTHER FUND. AM LEAVE IN INDIA IN VARANASI OUT OF CITY STATE IN UTTAR PRADESH PLEASE HELP ME FOR PURCHASEING MY SMALL HOME. AM DOING PRIVATE WORL BUT INCOME IS NOT WELL.
    NAME – SYED BADARE ALAM
    MY BANK ACCOUNT NO -616502020002956
    BANK NAME – KASI GOMATI SAMYUKT GRAMIN
    BRAN CODE -6613
    VARANASI 221001
    STATE – UP
    COUNTRY – INDIA
    MOBIL NO -+917505487449
    MAIL ID -hammualam86@gmail.com
    PLEASE QUICK REPLY AM WAITING FOR UR REPLY . ALLAH HAFIZ

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