Fri, Dec 19, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

CBN clarifies stance on non-Interest banking

Posted on 22 June 2011

The Central Bank of Nigeria (CBN) yesterday clarified its stance on Non-Interest Banking, saying it was not only Islamic banks that were contemplated under the new banking model, which categorised Non-Interest Banks (NIBs) as part of specialised institutions.
This clarification stemmed from the outrage by Christians who felt that non-interest banking was the same thing as Islamic banking……………………………………….Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031