From Indiatimes.com: Prime Minister Manmohan Singh said the Reserve Bank should look into Islamic banking practices in Malaysia, amid pressure on the central bank to introduce such a system in India.
“There have been from time to time demands for experimenting (with) Islamic banking. I would certainly recommend to RBI, which is looking into the question, to look at what is happening in Malaysia in this regard”, he said when asked whether India would like to learn something of Islamic banking from Malaysia……………………………………….Full Article: Source