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Sanusi’s Islamic banking as political Islam

Posted on 01 July 2011

The Central Bank of Nigeria (CBN) under Governor Sanusi Lamido Sanusi has done more than anyone else to turn the concept of ‘Islamic banking’ into an Islamist political project. Politicisation could imperil an otherwise unassailable experiment to align Nigeria with over 75 countries where Islamic financial institutions have assets exceeding US$950 billion.
‘Political Islam’ is a controversial term that takes different forms and spans a wide range of strategies and tactics. Most definitions, however, include the belief that ‘Islam should guide social and political as well as personal life.’………………………………………Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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