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Kenya: Islamic banking given a blank cheque

Posted on 15 June 2011

The banking community has been waiting for the government to enhance the playing field for Islamic banking. Unfortunately, they got silence from Finance Minister Uhuru Kenyatta on Wednesday which appears to say, “keep waiting.”

Has the government failed to recognise the immense potential in this financial segment? Due to stiff competition, banks have been forced to rethink their strategies to remain competitive. One of the recent avenues that has Islamic banking……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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