Shaping the Future Islamic Financial Services in India

Abstract

Shaping the Future: Islamic Financial Services in India explores the evolving landscape of ethical and Shariah-compliant finance within the Indian context. The book highlights the opportunities and challenges of integrating Islamic financial principles—such as risk sharing, asset-backing, and prohibition of interest—into India’s diverse financial system. It examines global best practices, regulatory frameworks, and case studies, while analysing the socio-economic potential of Islamic finance in promoting financial inclusion, entrepreneurship, and sustainable growth. With insights into policy, innovation, and market demand, this work provides a roadmap for scholars, practitioners, and policymakers to understand how Islamic financial services can contribute to India’s economic future while staying true to its ethical roots.