RBI’s idea to bring Sharia Banking into the fray is deeply flawed, writes Tarek Fatah.
Islamic Banks are international financial institutions to culminate Pan-Islamist movement propagating jihad and war against the West and non-Muslims.
By Tarek Fatah.
It is with astonishment that I read the announcement by the Reserve Bank of India (RBI) last week wherein it proposed the opening of an “Islamic window”+ in conventional banks for “gradual” introduction of Sharia-compliant Islamic banking in the country+. What followed in the RBI announcement was either naivety or appeasement, but it revealed that Islamists within India now had access to the highest levels of the RBI and had managed to secure their place in manipulating the most vulnerable in the Indian Muslim community
The announcement said the introduction of Islamic banking was to ensure financial inclusion of those sections of the society (read radical Muslims) that remain excluded due to religious…
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