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India: Govt. urged to allow financial bodies to adopt Islamic practices

Posted on 19 May 2011

The International conference on “Prospects for Islamic Venture Capital Funds in India” concluded here on Sunday with an appeal to the Government of India to take necessary steps to allow various financial institutions to adopt Islamic products and practices so as to lay foundations of a level playing field in economics and finance in which all players may take part in a fair and just manner.
The two-day International conference was jointly organized by the Institute of Objective Studies, (IOS), New Delhi and Indo-Arab Economic Cooperation Forum, in Parliament House Annexe on May 14 & 15 May……………………………………….Full Article: Source

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