From Livemint.com: Islamic economic groupings are asking the Congress-led United Progressive Alliance (UPA) government to allow alternative financial institutions that comply with the Shariah, or Islamic law, to operate in the country.

The Indo-Arab Economic Co-Operation Forum has asked Prime Minister Manmohan Singh to institutionalize an alternative financing system to attract investment from Muslims, according to K. Rahman Khan, deputy chairman of the Rajya Sabha……………………………….Full Article: Source