The document analyzes the relevance, feasibility, and scope of Islamic banking in India, considering legal status, RBI stance, and political factors. It includes primary and secondary research methods, highlighting interactions with institutions like Jamia Millia Islamia and Cheraman Financial Services. The study aims to provide insights into Islamic banking's potential in the Indian context.

1. FRP VIVA
Col Ajay K Raina, SM
0121pg014

2. The Topic
To analyse relevance, feasibility and scope
of Islamic Banking in Indian context.

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Why ?
Vintage.
The present era.
Non-Islamic countries.
Legal status.
Kerala state PIL and SC ruling of November 2012.
August 2013 - RBI’s stance.
IIM, Kashipur initiative.
Political spicing up.
Past catches up with Mr Raghuram Rajan.
Election year.
Need for legislative provision.

4. The Limbo & The Need

5. What?
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Understanding of the concept in brief.
Existing status the world over.
Relevance in Indian context.
Feasibility of various options under Islamic
Banking.
• Scope in India.

6. • Primary Research:-
How?
– Questionnaires/Interaction
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Jamia Millia Islamia.
Cheraman Financial Services Ltd.
The alma mater – past n present.
Waqf Board.
Regular Bankers.
• Secondary Research:– Books.
– Journals & published papers.
– Discussion forums of repute.
– Case details & PIL – Kerala State.

7. Modus operandi
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Study globe.
Focus on two variants.
Placing India.
Policy stance.
Functional approach.
Analysis.
Aim+.

8. Request Wisdom