# Kerala HC Paves Way for India’s First Islamic Bank February 04, 2011 Author: T. Ramavarman Source: The Times of India Wire Service: TNN The Kerala high court on Thursday 8 dismissed a petition challenging the state government's plans to co-promote an Islamic 8 finance institution. The move could pave the way for introduction of Islamic finance products by existing lenders and also reduce regulatory objections for an Islamic Bank. See also:- [ Business/Workplace ](/news-stories/businessworkplace) - [ Religious Freedom ](/news-stories/religious-freedom) - [ Islam ](/religions/islam) - [ International ](/tags/international) Share on:- [ Facebook ](#) - [ Twitter ](#) - [ Linkedin ](#)