Sun, Oct 26, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Court warns AGF, CBN over Islamic banking licence

Posted on 18 June 2012

The Attorney General of the Federation and justice Minister, Mr. Mohammed Adoke (SAN) was yesterday told by a Federal High Court, Abuja, to enforce the guidelines on banking operation in the country.
Justice Gabriel Kolawole said any operation licence granted by the Central Bank of Nigeria (CBN) to any Islamic commercial jurisprudence bank under non-interest financial services is “unlawful, illegal, ultra vires, null and void”………………………………………..Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031