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H Abdul Raqeeb

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H Abdul Raqeeb
General Secretary of Indian Center for Islamic Finance
Personal details
BornVaniyambadi, Tamil Nadu, India
Residence(s)Chennai, Tamil Nadu, India
Education
  • B.Sc in Chemistry, Islamia College, Vaniyambadi
  • Diploma in Leather Technology
  • M.A. in Journalism and Mass Communication
Known forPromoting interest-free banking in India

H Abdur Raqeeb is the General Secretary of Indian Center for Islamic Finance, New Delhi.[1][2][3] He has been promoting the concept of interest-free banking throughout India for the last two decades. He aims to bring society closer through an interest-free banking system. To introduce an interest-free banking system in India, he travelled across many countries, learned a working model of interest-free banking, and met with professionals and policymakers across India and abroad.[4][5][6] He is the founding member of All India Muslim Personal Law Board, and is also the editor of the Tamil fortnightly Samarasam.

Biography

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Raqeeb was born in Vaniyambadi, although he currently lives in Chennai, Tamil Nadu. He completed a B.Sc in Chemistry from Islamia College, Vaniyambadi. He holds a diploma in Leather Technology, and is a renowned leather technologist. Raqeeb delivered various talks and presentations on the same subject matter. He was active in field of leather technology 30 years. Along with this, he completed an M.A. in Journalism and Mass Communication in his 40's.

He was also editor to a weekly magazine in Tamil known as Samarasam, and was awarded 'The Best Journalist Award' by Islamiya Tamil Islamic Literary Organisation (Tamil Islamic literary organisation) during the First State Conference of the organisation held at Trichirappalli on May 17–18.[7]

He is associated with Jamaat-e-Islami Hind since 1981. He was Zonal President of Jamaat-e-Islami Hind, Tamil Nadu Zone.

Current associations

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  • General Secretary, Indian Centre for Islamic Finance, New Delhi[8]
  • He is memener Central Advisory Council, Jamat-e-Islami, Hind.
  • Convenor, National Committee on Islamic Banking[9]
  • Member, All India Muslim Personal Law board[10]
  • President, Islami Baithul Maal, Vaniyambadi[11]
  • Trustee, Human Welfare Foundation, New Delhi[12]
  • Trustee, Sahulat Microfinance, New Delhi.
  • Trustee, Zakat Centre India
  • Trustee, Indiazakat.com
  • Member, Associatioin of Muslim Professional
  • Editor, Samarasam (Tamil – Fortnightly)[13]
  • Member, Board of Islamic Publications, New Delhi[14]
  • Executive Member, JAMIA Darussalam University, Oomerabad[15]
  • Executive Member, Vaniyambadi Muslim Educational Society
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  • Interacted with Finance Minister, Governor of RBI, Deputy Governor RBI and Deputy Chairman Planning Commission to introduce the concept of Islamic banking in India[16][17][18]
  • Prepared along with experts a document for Banking Regulations (amendment) Bill to be introduced in Parliament as a private members bill.[19]
  • Prepared a document along with experts for Interest free windows along with conventional Banks and submitted to RBI and Finance Ministry.[20]
  • Interacted with High Level committee on Financial Sector reforms headed of Planning Commission of India by Dr Reghuram Rajan which mentioned about interest free banking.[21]
  • Highlighted in media –need and relevance of Islamic Finance and Banking[22][23]
  • He visited many countries to study the working methodology of Islamic banks and led a delegation of businessmen from Chennai to Malaysia.
  • Attended several conferences in and outside India
    • World Islamic Banking Conference at Bahrain
    • IDB – Islamic finance conference on Sukuk in London, UK.
    • Red Money Roadshow in Malaysia
  • Chairman of the committee which organized an international conference on Islamic banking conducted by Al Jamia Al islamiya in association with Islamic Research and Training Institute of Islamic Development Bank [24]
  • He has attended many conferences and represented Jamaat-e-Islami Hind
    • International Muslim Business Conference, Istanbul, Turkey.
    • Led a delegation to Islamic Banks of Malaysia.

See also

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References

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  1. ^ Financial Market Regulations and Legal Challenges in South Asia. Business Science Reference, USA. 17 March 2016. p. 11. ISBN 9781522500056. Retrieved 30 April 2020.
  2. ^ "Islamic banking catches on". DNA. 14 June 2016. Retrieved 30 April 2020.
  3. ^ "'Islamic window' in banks would attract huge Gulf money: ICIF". The Economic Times. Retrieved 30 April 2020.
  4. ^ Anisha, Sircar (July 2017). "Economy". The Caravan: 10. Retrieved 30 April 2020.
  5. ^ Shahebaz Khan (December 2017). "Research Methodology & Review of Literature". Critical analysis of changing perception of common people towards islamic banking and NBFCs: a comparative study of modern and islamic banking with special reference to maharashtra state (PhD thesis). Dr. Babasaheb Ambedkar Marathwada University. p. 68. hdl:10603/242462. Retrieved 2 April 2020.
  6. ^ Yaqoob, P K (13 November 2009). "Case for interest free financial institutions in Kerala". University. Bibliography: Mahatma Gandhi University: 301. hdl:10603/27094. Retrieved 2 April 2020.
  7. ^ "Samarasam editor H. Abdur Raqeeb wins journalism award | Indian Muslims". Archived from the original on 2010-08-25. Retrieved 2009-10-05.
  8. ^ ".:: Indian Centre for Islamic Finance ::. Office bearers". Archived from the original on 2012-01-15. Retrieved 2011-07-27.
  9. ^ http://www.nidur.info/index.php?option=com_content&view=article&id=789:islamic-banking-convenor-meets-salman-khursheed&catid=70:world-news&Itemid=94
  10. ^ "Bihar CM urged to use Islamic finance for infrastructure development". 21 April 2011.
  11. ^ "IBMVNB Management - Islami Baitul Mal". Archived from the original on 2012-03-28. Retrieved 2011-07-27.
  12. ^ "Welcome to Human Welfare Foundation". Archived from the original on 2012-04-23. Retrieved 2020-01-06.
  13. ^ "Samarasam.net – Tamil Fortnightly Magazine".
  14. ^ "Radiance Weekly - YOUR NUMBER ONE NEWS SOURCE".
  15. ^ "Home". jamiadarussalam.net.
  16. ^ "FM urged to open interest-free window at banks in India". Archived from the original on 2011-03-10. Retrieved 2011-07-27.
  17. ^ "ICIF delegation discusses introduction of Islamic Banking with RBI". 12 September 2009.
  18. ^ "Banking Regulation Act does not Oppose Islamic Banking: Ex-Director RBI By REHAN ANSARI-- News about Muslims, Islam". www.radianceweekly.com. Archived from the original on 2009-08-14.
  19. ^ "Inclusive banking".
  20. ^ "India should open interest-free banking windows in conventional banks". Business Standard India. Press Trust of India. 4 October 2010.
  21. ^ "Archive News". The Hindu. 2010-12-14. Archived from the original on 2010-12-17.
  22. ^ "RBI urged to open windows for Islamic banking in select banks | Blog - WealthCity - Wealth City". Archived from the original on 2012-03-28. Retrieved 2011-07-27.
  23. ^ "Islamic Banking Has a Bright Future in India, Abdur Raqeeb | Blog - WealthCity - Wealth City". Archived from the original on 2012-03-28. Retrieved 2011-07-27.
  24. ^ "International Seminar on Islamic Finance | Event Committee". Archived from the original on 2011-05-16. Retrieved 2011-07-27.