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Islamic finance has image problem in Christian-majority African states

Posted on 07 May 2010

From Reuters: Africa’s Islamic finance industry needs to overcome negative perceptions among non-Muslims to successfully expand into predominantly Christian sub-Saharan Africa, an industry leader has said.
Northern Africa is largely Muslim and countries such as Egypt and Sudan have offered Islamic banking for decades. Now some lenders are looking to expand into sub-Saharan nations, such as Uganda which is 80 per cent Christian……………………………………..Full Article: Source

 
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