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Islamic Finance Briefing - Categorized | Banking, People more

Islamic Banking feasible in Ghana - Zenith MD

Posted on 18 September 2012

The Managing Director of Zenith Bank Ghana, Mr. Daniel Asiedu, has revealed Islamic banking (Interest-Free banking) may be introduced to the Ghanaian banking public in future. There have been calls by some stakeholders for the bank of Ghana to consider introducing Islamic banking just like in Nigeria.
Under Islamic banking, a borrower only needs to pay back the amount owed to the bank, and the borrower can also choose to pay the lender a small amount of money to serve as a gratuity………………………………………..Full Article: Source

 
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