02.05.2011 - India: Finance ministry briefed on prospects of Islamic banking in India
As part of their continued, tireless efforts to convince concerned Indian authorities and institutions for allowing Islamic banking and finance system in the country, a high-level delegation of Indian Centre for Islamic Finance (ICIF), New Delhi called on Mr Shashi Kant Sharma, Secretary (Financial Services) under whom the banking sector of the country is operated to discuss the need and relevance of Islamic Finance in India. The delegation consisted of Mr Muddassir Siddiqi, a Shariah scholar and US-trained attorney, Mr Khurshid Najmi, former joint legal advisor, RBI and Partner, India Law Services, New Delhi, and Mr H Abdur Raqeeb, General Secretary, ICIF and Convener, National Committee on Islamic Banking..............................................Full Article: Source
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