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Nigeria: Groups task CBN on Islamic banking

Posted on 14 April 2010

From Ngrguardiannews.com: Groups of concerned Islamic professional have appealed to the Central Bank of Nigeria (CBN) to expedite action on the proposed Islamic banking operations in the country.

The groups, which also expressed dismay over the proposed regionalisation of the system, submitted that this might restrict the jurisdiction of the Islamic banks to millions of Nigerian Moslems, who have been eager to put their money in halal (acceptable by Islamic standard) in such accounts…………………………………Full Article: Source

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