UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
Call for Paper
Volume 8 | Issue 5 | May 2021

JETIREXPLORE- Search Thousands of research papers



WhatsApp Contact
Click Here

Published in:

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

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

Unique Identifier

Published Paper ID:
JETIRC006273


Registration ID:
184560

Page Number

1598-1600

Share This Article


Jetir RMS

Title

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

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), ISSN:2349-5162, Vol.5, Issue 7, page no.1598-1600, July-2018, Available :http://www.jetir.org/papers/JETIRC006273.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

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
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162


Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

0002453

Print This Page

Current Call For Paper

Jetir RMS