Interest-free banking system Halal Fayidah turns operational

Kannur: Halal Fayidah, Kerala's first interest-free cooperative banking system, has started functioning in Kannur under the aegis of CPM. Inaugurating the initiative, Chief Minister Pinarayi Vijayan stressed on the need of extreme alertness while dealing with the operation of such an institution. "It is always good to set goals. However, exercising precaution will help everyone to tackle obstacles in future," he said.

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