Islamic Banking
Waqf committee meetings become site of contesting claims from govt bodies
The Joint Committee of Parliament meetings on the Waqf (Amendment) Bill have turned out to be a battleground for contesting claims, as several government bodies have accused Waqf boards in the country of laying ownership on properties belonging to them and drawn sharp counterclaims. Opposition members in the committee have claimed that a large number of Waqf properties have been in fact in "unauthorised" possession of government bodies, including the Archaeological Survey of India (ASI). AIMIM's Asaduddin Owaisi, one of the more vocal and articulate opposition voices in the meetings, submitted a list of 172 Waqf properties in Delhi alone, which, he said, were in the unauthorised possession of the ASI, sources said. His submission to the committee's chairperson and BJP member Jagdambika Pal came following the country's premier archaeology body's assertion that over 120 of its protected monuments are claimed by different Waqf boards. The ASI also accused them of unauthorised ...
 "Waqf committee meetings become site of contesting claims from govt bodies")
RBI says won't pursue proposal to introduce Islamic banking in India
Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under Islam
 "RBI says won't pursue proposal to introduce Islamic banking in India")