Interest-Free Banking in India Legal Challenges
Lead author · Corresponding
Dr. Neeru Gupta
Assistant Professor at Saraswati Institute of Law, Palwal, India
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DOIhttps://doij.org/10.10000/IJLMH.113702
Abstract
This article talks about the application of interest-free banking within the legal and regulatory framework of the Indian banking system and gives an overview of banking in India. This article provides list the measures taken by India towards the introduction of Interest –free / Islamic banking and reviews the major impediments, issues, and concerns involved in the introduction of interest-free banking in India