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Plea for allowing Islamic banking in India

Posted on 05 October 2010

From Dnaindia.com: Making a strong plea for launching Islamic banking, Muddassir Siddqui, an authority on the subject, today said India should open interest-free banking windows in conventional banks as a pilot project.
Siddqui, partner and head of Islamic Finance, Middle East, SNR Denton and Company, told reporters here that there was lot of ‘misunderstandings’ regarding Islamic Banking in India. ‘We are just asking for level playing field. We want it in conventional system. We do not want any favours,’ he said……………………………………….Full Article: Source

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