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Tanzania: Islamic banking taking hold, says Dr Shein

Posted on 12 December 2011

Islamic banking has emerged as a new reality in the Tanzania financial scene in which case the Bank of Tanzania (BoT) needs to create a conducive atmosphere to positive service delivery in the new field, Zanzibar President Dr. Ali Mohammed Shein has declared.
President Shein made this appeal in Dar es Salaam officiating at an inauguration of the third branch of the People‚Äôs Bank of Zanzibar (PBZ) at Lumumba/Mahiwa Street in Kariakoo area, whereby he decried attitudinal indifference of Tanzanian customers about Islamic banking services………………………………………..Full Article: Source

 
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