I would treat Iran as a lesser evil than Saudis.From the reports, it seems true. Majority of Kerala's Muslims are Sunnis. But then again, majority of the Indian Muslims don't become Jihadists as well.
If Iran acquires a leading regional role, then Iran might replace KSA as ISI's prime financier, albeit at a much lesser scale.
My speculation is this: While the Iran backed ISI's forces come from south India, the KSA backed ISI's forces come from the north India. These forces are deliberately kept apart by ISI to keep infighting at bay.
I do not think Shias will have anything to do with ISI knowing how far ISI is infiltrated by Pakistani Taliban and Lashkar-e-Jangvi elements. Vice versa, ISI will not fund Shias, when it can find enough Sunni groups like Indian Mujahideen, the Mahdani's PDF etc.
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