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CBN dismisses fears over Islamic banking

Posted on 23 June 2011

The Central Bank of Nigeria (CBN) has dismissed fears expressed in some quarters over the planned introduction of Islamic banking, which aims at bringing about a non-interest banking regime into the country, saying it is all about broadening the nation’s financial system.
The apex bank’s Deputy Governor, Financial System Stability (FSS), Dr. Kingsley Moghalu, while speaking at a workshop with a theme: Re- Purpose Capital: Non-interest banking in Nigeria, in Lagos yseterday, said there was no need to entertain any fear about the banking model……………………………………….Full Article: Source

 
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