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Nigeria: Islamic banking will enhance healthy competition

Posted on 22 February 2012

Some financial experts have said that the introduction of none-interest banking would bring about healthy competition in the banking sector. The experts, who spoke with newsmen in Lagos on Monday, said that non-interest banking would impact positively on the real sector of the economy.
According to them, it will add more value to business and boost productivity in the country. They all agreed that there is nothing wrong with introduction of Islamic banking if it would bring economic development……………………………………….Full Article: Source

 
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