ISSN: 2349-5162 | Impact Factor: 5.87

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Published in:

Volume 5 Issue 7
July-2018
eISSN: 2349-5162

Unique Identifier

JETIRC006273

Page Number

1598-1600

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Title

ETHICAL BANKING AND FINANCIAL INCLUSION - A STUDY OF INTEREST FREE BANKING MODEL.

ISSN

2349-5162

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"ETHICAL BANKING AND FINANCIAL INCLUSION - A STUDY OF INTEREST FREE BANKING MODEL.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 7, page no.1598-1600, July-2018, Available :http://www.jetir.org/papers/JETIRC006273.pdf

Abstract

India is one of the most rapidly developing countries in the world. This is unarguably the direct consequence of the economic reforms initiated primarily during the time of major macro-economic crisis witnessed by the country in 1991. On account of economic reforms the country has experienced a continuous rise in GDP growth rates barring certain exceptions. During this entire period the employment rate, per-capita income, wages and investment etc. have also shown improvement. However, this growth story has also led to a skewed distribution of the benefits thereby accentuating the perennial problem of poor-rich divide. The problem gets murkier with the inability of majority of people in the country to participate in the financial system in various ways. This problem is partly on account of non-availability of assets , savings, inappropriate design of products but also a great proportion of people stay away from the current system on account of the religious reservations. This paper tries to position Islamic investment products as a potential tool for supplementing & complimenting the current financial system in overcoming the problem of financial exclusion in India and other developing countries.

Key Words

Economic Reforms, Islamic Banking, Financial inclusion, Islamic investment products, Employment

Cite This Article

"ETHICAL BANKING AND FINANCIAL INCLUSION - A STUDY OF INTEREST FREE BANKING MODEL.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 7, page no. pp1598-1600, July-2018, Available at : http://www.jetir.org/papers/JETIRC006273.pdf

Publication Details

Published Paper ID: JETIRC006273
Registration ID: 184560
Published In: Volume 5 | Issue 7 | Year July-2018
DOI (Digital Object Identifier):
Page No: 1598-1600
ISSN Number: 2349-5162

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UGC and ISSN Approved Journal | Call For Paper
(Volume 5 | Issue 7 | July 2018 |Impact factor 5.87)

Call For Paper | Volume 5 | Issue 7 | Impact factor 5.87


Cite This Article

"ETHICAL BANKING AND FINANCIAL INCLUSION - A STUDY OF INTEREST FREE BANKING MODEL.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 7, page no. pp1598-1600, July-2018, Available at : http://www.jetir.org/papers/JETIRC006273.pdf

Important Dates Related to Publication Procedure:
  • » Paper Submission Till: 29 July 2018.
  • » UGC and ISSN Approved Journal
  • » Review (Acceptance/Rejection) Notification: Within 02-04 Days.
  • » Paper Publish:Within 02-07 Days after submitting the all documents.
  • » Frequency: Monthly (12 issue Annually)
  • » Journal Type : Open Access
  • »Indexing In Google Scholar, ResearcherID Thomson Reuters, Mendeley : reference manager, Academia.edu, arXiv.org, Research Gate, CiteSeerX, DocStoc, ISSUU, Scribd, and many more | High Impact Factor: 5.87 Digital object identifier (DOI) and Hard Copy of certificate Provided.
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Impact factor: 5.87