22.02.2010 - IFIB chief calls for interest-free banking in India
From Arabnews.com: The global banking and finance sector needs major structural changes in order to play a leading role in poverty alleviation and to encourage popular participation in nation building efforts, said Omar Abubacker, president of the Indian Forum for Interest-Free Banking (IFIB) in Jeddah. Abubacker called upon the Indian government to make necessary amendments in the banking law in order to introduce interest-free banking, which he said could lead a massive cash flow into the national economy and bring about greater development in the country........................Full Article: Source