With a 99 per cent Muslim population and a series of scandals which ebbed away confidence in its conventional banking sector, one would think that Afghanistan is a prime candidate for Islamic finance. At least, that’s what its Government is banking on.
Last month, Da Afghanistan Bank - Afghanistan’s Central Bank - announced that it expects a new Islamic banking law to be enacted by September this year. We don’t have to look very far for a motive……………………………………….Full Article: Source