15.07.2011 - Can I invest in Sukuk?
When Sanusi Lamido Sanusi, the governor of the Central Bank of Nigeria, announced approval for the take-off of interest-free banks in the country last month, the reaction generated was only possible in religiously-polarized Nigeria. From Abia to Kaduna to Plateau, notables of the Christian Association of Nigeria, CAN, rose up, up in arms, with the usual threat of fire and brimstone. While one spoke of the ugly effect of introducing interest-free banking, another saw grave danger in doing so, and they all ended up calling on Sanusi to resign or be removed from office..............................................Full Article: Source
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