Chief Minister of Kerala Oommen Chandy has announced support for interest-free Islamic banking concept in the state. He was inaugurating a national seminar on Interest-free Banking and Insurance system in Trivandrum.
The state government will try to get consent from the central government to implement such a banking system in the state, which will help utilize the money of NRIs for the development of the state, Mr. Chandy said……………………………………….Full Article: Source