02.05.2011 - Islamic banking ideal for economic growth: Expert
The interest-free Islamic banking system will provide the ideal thrust to India's economic development, an expert said here Sunday. Islamic banking, which propagates zero-interest lending, can solve not only farmers' crisis but will also fill the gap between the financially-excluded and financially-included classes in India, Irfan Shahid, an economist and expert on Islamic banking, told a seminar here Sunday. The programme was organised by the Muslim Educational Social and Cultural Organisation and the Arabic Language and English Education Foundation..............................................Full Article: Source
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