H Abdur Raqeeb
Convenor, National Commitee on Islamic Banking General Secretary, Indian Centre for Islamic Finance (ICIF). Chennai, Tamil Nadu, India. Member, Central Shura Council, Jamaat e Islami Hind
H Abdur Raqeeb, General Secretary of Indian Centre for Islamic Finance, Convener, National Committee on Islamic Banking and has been promoting the concept of interest-free banking throughout India.
Was Born in Vaniyambadi, currently stays in Chennai, Tamil Nadu. He has done B.Sc in Chemistry, holds a Diploma in Leather Technology and completed M.A. in Journalism and Mass Communication
He Hails from Leather Industry of Chennai, a well renowned Leather technologist, Tanner and Exporter of Leather Garments.
Written several articles on technology & trade in leather Industry and received awards from Council for Leather exports & Commerce Ministry for Exports.
Also the Editor of Tamil fortnightly ‘Samarasam’. He was awarded ‘The best Journalist Award’ by Islamiya Tamil Islamic literary organization
Current Associations
- General Secretary, Indian Centre for Islamic Finance (ICIF) , New Delhi
- General Secretary, Islamic Foundation Trust (IFT) Chennai
- Convener, National Committee on Islamic Banking
- Member, All India Muslim Personal Law Board
- Trustee, Human Welfare Foundation
- Member, Sahulat Micro Finance Society
Activities related to Islamic Finance and Banking
- Interacted with Finance Ministers, Governors of RBI, Deputy Governors RBI and Deputy Chairman Planning Commission to introduce the concept of Islamic banking in India.
- Prepared along with experts a document for Banking Regulations (amendment) Bill to be introduced in Parliament as a private members bill.
- Prepared a document along with experts for Interest free windows in conventional Banks and submitted to RBI and Finance Ministry.
- Interacted with High Level committee on Financial Sector Reforms of Planning Commission of India headed by Dr Raghuram Rajan which recommended introduction interest free banking.
- Represented ICIF and appeared in Kerala High Court against the petition of Dr Swamy and dismissed the case paving the way for first NBFC on Shariah principles in the country.
- Appeared before the Panel of RBI on Medium term Path on Financial Inclusion and pleaded successfully for introduction of Interest free window in commercial banks.
- Pleaded the case for introduction of Islamic Insurance -Takaful before the Select Committee on Insurance of parliament.
- Facilitated Jammu and Kashmir Peoples Forum to file PIL in High Court in March 2018 demanding to Open an Interest free windows in all J&K branches across India.
- Highlighted in media –need and relevance of Islamic Finance and Banking and written several articles in both national and international medias
- He visited many countries to study the working methodology of Islamic banks and led a delegation of businessmen from Chennai to Malaysia.
Conferences Attended Attended 100+ International and National Conferences
- World Islamic Banking Conference at Bahrain
- IDB – Islamic finance conference on Sukuk in London, UK.
- Red Money Road show in Malaysia
- Bank Negara Malaysia-Central Bank of Malaysia and Islamic Development Bank-IsDB for regulators and represented India
- International Muslim Business Conference, Istanbul, Turkey.
- Chairman of the committee which organized an international conference on Islamic banking conducted by Al Jamia Al Islamia in association with Islamic Research and Training Institute of Islamic Development Bank
- Presented the case of Islamic Finance & Banking in several prestigious universities like International Islamic University Malaysia-IIUM, Gujarat National Law University, Banaras Hindu University, Jamia Millia Islamia New Delhi, Aligarh Muslim University, Calicut University, Hamdard University BSA University, Jamal Mohammed College etc...
- Chief Organizing Partner of International Zakat Conference 2018 Kerala, India and presented ‘The need and relevance of Institutionalization of Zakat in India
- Represented India at International Zakat Conference ,Malaysia organized by World Zakat Forum
- Represented India at the World Islamic Economic Forum- SEACO Islamic Finance Roundtable’19 in Bangladesh.
Written several articles in media and journals, appeared in TV debates and involved in social media to create "Financial Literacy in the Community" as well as creating awareness among the masses the need & relevance of Islamic Finance & Banking in the country.