Dr. Tripti Sahu

ABSTRACT

Commercial banking has become an essential sector of modern economy. Whatever be the size of commercial banking activities no country can do completely without it. Muslims claims nearly one fifth population of the globe and scattered in almost all countries, India itself is the home of over 100 million Muslims which amounts similar to that of all the middle East countries put together, is deprived of such a wonderful facility provided by commercial banks just because of their common concern of avoiding riba (interest) which is a very integral part of commercial banking.