Razak A Author
Subjects of specialization
Affiliation
Food Service, Hotel Management, Human Resource Information, Internet role in telecommunications
Department of Business Management, Osmania University, Telangana, Hyderabad- 500007, India
Razak A has been involved in many quantitative as well as qualitative studies; but her expertise are mostly related to qualitative and action research. Department of Business Management, Osmania University, Telangana, Hyderabad- 500007, India
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Author(s): Vattikoti K and Razak A
Raising the fund and activities of investment in the Islamic Capital Market abides to Islamic principles and laws known as “Shariah”. The Islamic religious law Shariah states that the market should be free from activities that are prohibited in Islam such as gambling, usury and ambiguity. The money transactions in the market are carried out in a way that should not lead to any conflicts with the ethics of Muslims faith. Islamic capital market plays a vital role in the economic growth and development of the country. The Islamic capital market functions as a similar and equivalent market to the conventional capital market. This plays an important and balancing role in the Islamic banking system in expanding and deepening the Islamic financial markets in Islamic world as well a... view more»