The New horizon called Islamic Banking

I was about to start this edition of Voice of the one Calling from the Desert on a serious note when my PC played, the Malayalam folk song 'Ninne kanan'in which a married woman ask her pal, why no one comes to ask your hand though you are more beautiful. The song grabbed the stages so quickly as it takes you back to the olden days and reminds one about the evilness of dowry system.

I am borrowing the same question, here, in a totally different situation. Its nothing but, Islamic Banking- The interest free banking system. A concept that fascinates me, and is a better topic to romance with. Ever since I left Infy for higher studies, i nurtured the dream of starting a banking system which charge less interest or even 0 interest. I was not able to frame my dream as it was very vague and am too dull to invent things. Now i know the answer. Its Islamic Banking.

I guess, in India, only Thomas Issac, the current FM of Kerala had a revelation to promote it at the state level. Introduction itself brought a cry of outrage. I still find it difficult to digest that all these drama were done to aloft the Secularism. Whether it vote bank politics or humanitarian thoughts, that made Issac to introduce the banking system, am least bothered. If there is a poor man, who can benefit from it, we should go for it.

Interest free banking concept is not unique to Islam. You read it in Exodus chapter in the old testament when God commands the Israelites, not to charge interest from among them when they lend money. When you travel to new testament Jesus speaks about the good Samaritan, thus making the caste difference vanish- a universal brotherhood. What I am trying to say is, if you dig a bit down, you find similarities in all religion after all, all religion show the path to God and are against exploitation. Islamic economist did a wonderful job by making it a system.

Starvation, confiscation, and suicides are not uncommon in India where majority live in the bottom lines. If the new system, exploits less or not exploit at all, why we should turn back from it? Does it make any sense to reject a proposal saying it promote a particular religion that too in a Country like India, who does not force religion down into your throat?