Interest-Free Banking in India Legal Challenges

  • Dr. Neeru Gupta
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  • Dr. Neeru Gupta

    Assistant Professor at Saraswati Institute of Law, Palwal, India

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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


Research Paper


International Journal of Law Management and Humanities, Volume 5, Issue 5, Page 1315 - 1327


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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (, which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.


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