‘Islamic Banking On the Cards’ Says Dr Thomas Isaac

‘Islamic Banking On the Cards’ Says Dr Thomas Isaac

Finance Minister T.M Thomas Isaac has said that the State Government will start Islamic banks within two years.
Delivering a talk on ‘Alternative Economic Thoughts in Recession’ Organised by Markazu Ssaqafathi Ssunniyya at Karanthur here for Friday, Dr Isaacsaid that capitalist economic system triggeredthe economicrecession in 2008.
But Islam presented an alternative financial system based on non-interest finance system were progressing.
Kathapuram A.P Aboobaker Musliyar presided over the function. P.T.A Rahim, MLA; A.P Abdul Wahab; C. Muhammed Faizy; A.P Abdul Jakeem Azhari; Abdussalam; and A.K Hameed also spoke

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