A senior leader of the ruling Congress Party of India has emphasized the need to introduce an interest-free Islamic banking and financial system in the country in order to improve the economic condition of its poor through microfinance and mobilize funds required for the country’s infrastructure projects.
“If we are able to make Islamic finance available it would bring great benefits for our country and people,” said M. M. Hassan, who is also a former state minister of overseas Indians’ affairs………………………………………..Full Article: Source