scholarly journals Islamic Banking and its Legal Validity in India

2016 ◽  
Vol 4 (2) ◽  
pp. 1-18
Author(s):  
Dikshit Arushi
Keyword(s):  
United Kingdom ◽  
Public Awareness ◽  
Banking System ◽  
Islamic Banking ◽  
New Delhi ◽  
Free Banking ◽  
Legal Regime ◽  
The Public ◽  
System A ◽  
The World

Islamic banking is an emerging model of banking which is currently practiced in several countries such as Malaysia, Indonesia, Afghanistan, Bangladesh and United Kingdom. The most intriguing aspect of Islamic banking is that it works on a purely no interest basis. Given the fact that India is a country with one of the largest Muslim populations in the world, the researchers believe it is important to understand the public awareness, acceptability and feasibility of introducing this system of banking in India. This paper primarily aims at discussing the legal viability of introducing Islamic banking in India, taking into account the current legal regime. In analyzing how forthcoming the population will be towards this banking system, a sample of the population was chosen from Pune and New Delhi and surveyed with the help of a questionnaire, leading to the inference that most people are open to the concept of interest free banking but are unwilling to accept the Islamic ideology it is derived from.

A Road Less Travelled: Is India Ready for Islamic Banking?

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Arushi Dikshit ◽  
Gayatri Pradhan
Keyword(s):  
United Kingdom ◽  
Banking System ◽  
Islamic Banking ◽  
New Delhi ◽  
Free Banking ◽  
Muslim Population ◽  
The United Kingdom ◽  
The World

Islamic Banking is an emerging model of banking which is currently practiced in several countries, such as Malaysia, Indonesia, Afghanistan, Bangladesh, and the United Kingdom. Its most intriguing aspect is that this banking system works on a purely no interest basis. Given the fact that India is a country with one of the largest Muslim population in the world, we believe it is important to understand the awareness, acceptability, and feasibility of introducing this system of banking in India. This paper primarily aims at discussing the legal viability of introducing such a system in India, given the laws present in the country, as well as gathering information on how forthcoming the population will be towards this banking system. For this purpose, a sample of the population was chosen from Pune and New Delhi, and surveyed with the help of a simple questionnaire, leading to the inference that most people are open to the concept of interest-free banking but are hesitant in accepting the Islamic ideology behind it.

Islamic Banking in Nigeria: Issues and Prospects

2016 ◽  
Vol 4 (2) ◽  
pp. 34 ◽  
Author(s):  
Nuruddeen Abba Abdullahi
Keyword(s):  
Public Awareness ◽  
Banking System ◽  
Islamic Banking ◽  
Secondary Sources ◽  
Banking And Finance ◽  
Adequate Knowledge ◽  
Islamic Religion ◽  
Developmental Opportunities ◽  
The Subject ◽  
Nigerian Banking

The Nigerian banking reform precipitated the adoption of Islamic banking and finance in 2009 as additional door to banking mechanism in the country. However, the implementation of the Islamic banking or non-interest banking has generated a lot of debate, specifically because its foundations are based on Islamic religion. This paper briefly reviews the concept, the challenges and prospects of Islamic banking in Nigeria. The paper relies on the secondary sources by reviewing and analysing various works on the subject. A reflection on the size of its population and the developmental opportunities indicates that Nigeria has the prospect of becoming the hub centre of Islamic finance in Africa. Yet there are numerous challenges to the development of the Islamic banking system in the country, including misrepresentation of the system, lack of linkages and investment institutions, lack of adequate knowledge, as well as shroud business ethos and corruption, which is endemic in the country. The paper recommends the need for greater public awareness about Islamic banking and creation of enabling environment (i.e. the legal, accounting and taxation systems) for the working of Islamic financial system.   

scholarly journals European Immunization Week 2008: Progress towards regional goals

2008 ◽  
Vol 13 (16) ◽  
Author(s):  
Collective WHO
Keyword(s):  
World Health Organization ◽  
Public Awareness ◽  
Political Support ◽  
World Health ◽  
Childhood Immunisation ◽  
Regional Office ◽  
The Public ◽  
National Immunisation ◽  
The World ◽  
Health Organization

The World Health Organization (WHO) Regional Office for Europe established the European Immunization Week (EIW, http://www.euro.who.int/vaccine) in 2005 for three reasons: 1) to raise public awareness of the benefits of immunisation, 2) to support national immunisation systems, and 3) to provide a framework for mobilising public and political support for governmental efforts to protect the public through universal childhood immunisation.

5. The Internationalization of Public Law and its Impact on the UK

2019 ◽  
pp. 121-154
Author(s):  
David Feldman
Keyword(s):  
Public Law ◽  
Legal Order ◽  
Democratic Accountability ◽  
The Public ◽  
Legal Standards ◽  
System A ◽  
National Values ◽  
Political Theories ◽  
The World ◽  
The Uk

Municipal public law (by which is meant the public law of national or sub-national polities, including but not limited to local government) is always influenced by events taking place elsewhere in the world and the activities and norms of other polities. For example, the existence of a state depends at least partly on its recognition by other states, and political theories and legal ideas have always flowed across and between regions of the world even if they provoked opposition rather than adoption or adaptation. Yet despite, or perhaps because of, this, any state has good reasons for controlling the introduction of foreign legal and constitutional norms to its own legal order. It is important to check that the norms are compatible with one’s own national values and interests before allowing them to operate within one’s own system. A state which values a commitment to the rule of law, human rights, or democratic accountability is entitled to place national controls over potentially disruptive foreign influences. This chapter considers the nature and legitimacy of those national controls, particularly as they apply in the UK, in the light of general public law standards, bearing in mind that influences operate in both directions, not only between states but also between municipal legal standards and public international law.

scholarly journals A Comparison between Islamic Banking and Conventional Banking Sector in Pakistan

2012 ◽  
Vol 4 (4) ◽  
pp. 195-204 ◽  
Author(s):  
Abdul Hafeez Quresh ◽  
Kashif Ur Rehman .
Keyword(s):  
Banking Sector ◽  
Banking System ◽  
Islamic Banking ◽  
Test Tool ◽  
Financial Benefits ◽  
The World ◽  
Banking Structure ◽  
And Performance ◽  
Conventional Banks ◽  
Marketing Approach

The Islamic banking system is attaining enormous development. Several modern international conventional banks were also enchanting significant concern and starting Islamic banking branches in their organizations, which work in compliance with the specific Islamic Shariah principles in a number of states of Pakistan. The Islamic banking structure is bizarrely facing gigantic contest by the Islamic banking sector all over the world as well as from the well-known International commercial banks that hold out services and products of IB. It is an attempt for exploration and investigation of the extensive and essential factors, which persuade consumers to choose the Islamic banking or conventional banking and the function of demographic features, which track consumers to the assortment of IB or CB in Pakistan. Sample of 341 respondents has been used in this study mainly focused on non-probability convenience test tool. Pre-institute 5 point likert survey instrument ranging from 5 to 1 was applied to gather data. The conclusion reveals that there are countless factors other than religious perception like employee and customer interactions, convenience, reputation, financial benefits & services, and technology, which are fundamental for the consumers for the assortment of Islamic or conventional banking. The demographic characteristics of the respondents also have a significant impact. The authors expect that the crux of this study will explore new ways for the Islamic banking system to emphasis on specific emerging factors to enhance the efficiency and performance of the Islamic banking system in Pakistan. There will be enormous advantage for executives of IBs & CBs in developing marketing approach.

scholarly journals THE REGIME SWITCHING OF CYCLE INSTABILITY OF ISLAMIC BANKING AND THE ECONOMY: EVIDENCE FROM INDONESIA, MALAYSIA, AND PAKISTAN

2021 ◽  
Vol 7 (2) ◽  
pp. 233-262
Author(s):  
Irfan Nurfalah ◽  
Aam Slamet Rusydiana
Keyword(s):  
Regime Switching ◽  
Markov Switching ◽  
Banking System ◽  
Research Data ◽  
Public Confidence ◽  
Islamic Banking ◽  
Z Score ◽  
Proxy Variable ◽  
The Public ◽  
Banking Stability

This study aims to examine the cyclical instability of Islamic banking in Indonesia, Malaysia, and Pakistan. A stable Islamic banking system can give the public confidence to conduct transactions and thus grow the economy. The proxy variable for stability used is the z-score, with 156 periods of research data from January 2007 to December 2019. The Markov Switching Vector Autoregression (MS-VAR) method was employed. The results show that Islamic banking stability in Indonesia based on the z-score is more stable than others. Nevertheless, in terms of the regression of all the variables, regime shifting, and the duration of the crisis, overall Malaysian Islamic banking displays the best performance. The instability of the Indonesian model is mostly affected by inflation, whereas Malaysia and Pakistan are affected by the financing to deposit ratio and the fluctuation in global oil, respectively.

scholarly journals Paradigm Shift from Conventional to Islamic Banking System: A Case of the Conversion of Taqwa Islamic Banking in Pakistan

2018 ◽  
Vol III (I) ◽  
pp. 321-332
Author(s):  
Muhammad Mushtaq Ahmed ◽  
Javed Khan ◽  
Fazl e Haq
Keyword(s):  
Paradigm Shift ◽  
Banking Industry ◽  
Banking System ◽  
Islamic Banking ◽  
Conventional Model ◽  
Clear View ◽  
System A ◽  
Regulatory Guidelines ◽  
Previous Decade ◽  
Set Up

The paradigm shift in banking industry from conventional to Islamic system of banking has been evident in previous decade. Conventional institutions are also either setting-up Islamic subsidiaries or converting conventional set-up into Islamic. The bank of Punjab started Taqwa Islamic Banking-(TIB) by converting its 1st branch into Islamic banking in 2012. In 2014, the bank completed one of the largest conversion project by converting 24 conventional into Islamic banking. In this paper, the regulatory guidelines of SBP in respect to conversion is discussed and procedure adopted by the bank of Punjab-TIB- is studied and analyzed. Practical complications and key problems faced by BOP-TIB and its possible solution is also presented. The study will provide a clear view of the conversion and the method adopted by BOPTIB. The study will further guide institutions intends to adopt conversion of its business from conventional model into Islamic model.

scholarly journals Penggunaan Instagram Sebagai Media Informasi Bimbingan dan Konseling di Indonesia

2019 ◽  
Author(s):  
Lutfiani Dwi Oktavia
Keyword(s):  
Qualitative Research ◽  
Social Media ◽  
United Kingdom ◽  
Research Method ◽  
Guidance And Counseling ◽  
Qualitative Research Method ◽  
The Public ◽  
Lack Of Information ◽  
The World ◽  
School Police

Social media is no longer a taboo for Indonesian people, young and old all using social media, for example, Instagram. Instagram users have reached 56 millions and become the fourth largest country in the world beat Russia, Turkey, Japan, and United Kingdom (according to cuponation.co.id april 2019 sources). The writing of this article aims to describe the form of utilization from the Instagram account @ruang_bimbingan_konseling. The research method used was descriptive qualitative research method with uses data in the form of words and produces descriptions in the form of words. The results of this study show Instagram can be a medium for informing all information about guidance and counseling in the form of photos and videos. Instagram can be a solution in overcoming the lack of information about guidance and counseling, which raises the stigma to the public about guidance and counseling is the school police or just dealing with bad boys.

scholarly journals RELIGION AND BANKING SYSTEM: THE FUTURE OF SYARIAH BANKING PRACTICES Historical and Contemporary Fiqh Perspectives

Al-Albab ◽  
2014 ◽  
Vol 3 (2) ◽  
Author(s):  
Hamka Siregar
Keyword(s):  
Saudi Arabia ◽  
Banking System ◽  
Financial System ◽  
The Public ◽  
Islamic Bank ◽  
Business Units ◽  
The World ◽  
The Future

The momentum of the development of Sharia banking has been noticed since the 1970s, which generally had two patterns: first, establishing the Islamic bank side by side with conventional one (dual-banking system) as practiced in Egypt, Malaysia, Saudi Arabia, Jordan, Kuwait, Bahrain, and Bangladesh; and second, restructuring the banking system as a whole in accordance with Islamic Sharia (full-fledged Islamic financial system) as applied in Sudan, Iran and Pakistan. The development of the Sharia-based banks which have been established across the world since the 1970s, became the motivation of the Indonesian ulemas to draft law on Sharia banking, so that Sharia banking could also be developed. As a result, these last few years, the banking world in Indonesia has witnessed the establishment of the public Sharia banks and Sharia business units, like Bank Muamalat and Bank Syariah Mandiri to mention a few. Using historical and contemporary jurisprudence perspective, this paper provides discussion on the future of Sharia banking.

scholarly journals Penyuluhan Pencegahan Penularan Corona Virus dengan Mematuhi Protokol Kesehatan di Puskesmas Rawat Inap Kota Karang Bandar Lampung

2021 ◽  
Vol 4 (1) ◽  
pp. 200-206
Author(s):  
Alif Rizky Hafizhdillah ◽  
Ratna Purwaningrum ◽  
Akhmad Kheru ◽  
Dwi Robbiardy Eksa ◽  
Festy Ladyani Mustofa ◽  
...  
Keyword(s):  
Public Health ◽  
Health Center ◽  
Respiratory System ◽  
Public Awareness ◽  
Death Rates ◽  
Public Health Center ◽  
The Public ◽  
Corona Virus ◽  
The World ◽  
High Death

ABSTRAK COVID-19 menyebabkan penyakit yang menyerang sistem pernapasan pada manusia. Virus ini telah menginfeksi jutaan orang sehingga menyebabkan angka kematian yang tinggi bagi penderitannya di seluruh dunia. Masyarakat yang tinggal di sekitar puskesmas kota sangat rentan terhadap penularan COVID-19. Kegiatan ini bertujuan untuk memberikan edukasi dan pendampingan kepada masyarakat di sekitar puskesmas rawat inap kota karang untuk menerapkan protokol Kesehatan agar terhindar dari penularan COVID-19. Kegiatan ini juga diikuti dengan pemberian poster, masker dan bertujuan memberikan penyuluhan pencegahan penyebaran virus corona. Kegiatan penyeluhan ini dilakukan pada hari jumat tanggal 18 Desember 2020 oleh 10 orang mahasiswa dan 3 kader puskesmas dengan penyuluhan tersebut masyarakat menjadi lebih mengetahui pentingnya menjaga protokol Kesehatan dan mengetahui cara pencegahan penyebaran virus corona. Hasil dari kegiatan ini adalah meningkatnya pengetahuan masyarakat tentang pentingnya protokol Kesehatan dan cara pencegahan penularan virus corona.Kata Kunci: Penyuluhan, Covid-19, Masyarakat ABSTRACT COVID-19 causes diseases that affect the human respiratory system. The coronavirus has infected millions of people around the world causing high death rates among the patients. People living in the vicinity of the Public Health Center (PHC) are particularly vulnerable to COVID-19 transmission. This activity aimed to provide education and assistance to the community around the PHC in Tanjung Karang City to implement health protocols that help avoid the transmission of COVID-19. This activity was also followed by distributing posters and masks, and counseling to prevent the spread of the coronavirus. This activity was conducted on Friday, December 18, 2020, by 10 students and 3 PHC staff. Through counseling, the community became more aware of the importance of maintaining health protocols and understanding how to prevent the spread of coronavirus. The result of this activity is the increasing public awareness about the importance of health protocols and ways to prevent the transmission of coronavirusKeywords: Counseling, Covid-19, community

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