31.12.2010 - Zambia: Islamic banking framework

From Znbc.co.zm: The Central Bank has developed a framework for supervision of Islamic Banking in Zambia. Islamic Banking is a system which offers interest free loans to customers. Central Bank Governor Caleb Fundanga says the Bank has also trained staff in Islamic banking. Dr. Fundanga says is also still waiting for the private sector to come forth and apply to establish an Islamic Bank in Zambia...........................................Full Article: Source

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