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Indo-Arab Economic Forum demands Islamic Banking services in India

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  • syed rahman
    Indo-Arab Economic Forum demands Islamic Banking services in India http://www.khabrein.info/index.php?option=com_content&task=view&id=5558&Itemid=88 By
    Message 1 of 1 , Sep 2, 2007
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      Indo-Arab Economic Forum demands Islamic Banking
      services in India
      http://www.khabrein.info/index.php?option=com_content&task=view&id=5558&Itemid=88
      By Khabrein.info News Desk,

      New Delhi, Sep 2: Delegates at a conference organized
      by Indo-Arab Economic Forum today asked the government
      and the banking system in the country to take
      necessary measures for introducing participatory
      banking in the country. Participatory banking is
      increasingly used as an euphemism for Islamic banking.
      K Rahman Khan, the deputy chairman of Rajya Sabha who
      is also the Chairman of the Organisers' Managing
      Committee said on the margins of the conference that
      India being the home of more than over 150 million
      Muslims, there was a need for promoting participatory
      banking in a big way. He added that Islam like
      Hinduism and Christianity does not approve taking or
      paying interest.
      Read more:
      http://www.khabrein.info/index.php?option=com_content&task=view&id=5558&Itemid=88



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