22.07.2009 - Plan to establish Islamic banking in Kerala, India
From Ptinews.com: A proposal to set up financial institutions based on the principles of Islamic banking to attract interest free deposits from Non Resident Keralites is being considered by the Kerala government, Finance Minister T M Thomas Isaac said today. Speaking to reporters on the sidelines of a function here,Isaac said the proposal was mooted by the industries department to attract investment to the state........Full Article: Source