30.06.2011 - Islamic banking: CBN may face legal battle
Just like the process leading to the recapitalisation of the rescued banks, there are strong indications that the planned introduction of Islamic banking into the country may be trailed by a barrage of legal tussle. THISDAY gathered that various pressure groups and even religious bodies have concluded plans to drag the apex bank to court over the form of non-interest banking.The source who maintained that the decision to establish the first Islamic bank in Nigeria was against the unity of the country, added that his association will ensure that they throw spanner in the works of the CBN..............................................Full Article: Source
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