| From Zawya.com: The recent decision of the High Court of India's Kerala state ratifying the interest-free banking system compliant with the Sharia law in the state has been welcomed by all concerned hailing it as "historic" in the state's history.
When the first bank under this scheme sees the light of the day, it will be yet another landmark in the banking practice of the state and will be yet another important step towards enhancement of mutual investments between the foreign countries including the Sultanate of Oman and India, according to Dr P Mohammed Ali, (pictured) Galfar, and the Chairman of Al Baraka Financial Services..............................................Full Article: Source
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