| Islamic banking, if allowed, may attract more funds to India, especially in the infrastructure field, says former Indian High Commissioner to Malaysia R.L Narayan. He said with a Muslim population of about 200 million people, the alternative-banking segment had potential in India.
"Islamic banking has gained acceptance not only in Islamic countries but also in other countries, considering the fact that we have huge needs for infrastructure investment (such a system could augur well with the needs)," he said...............................................Full Article: Source
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