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CBN allays fears over Islamic banking

Posted on 18 July 2011

Amid controversies about foisting a religious banking practice on Nigeria, Governor of Central Bank (CBN), Mallam Sanusi Lamido Sanusi, has allayed fears of concerned Nigerians on the proposed Islamic Banking.

Mallam Sanusi cautioned Nigerians, especially Christians, not to exercise apprehensions about the word ‘Islam Banking’. He said it (Islamic banking) is just a banking product like some other conventional products in the commercial banking system, which can be, and is actually being run concurrently by any commercial bank with other products……………………………………….Full Article: Source

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