18.07.2011 - Islamic banking necessitated by effect of global meltdown – Sanusi
The Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has said the introduction of Islamic banking into our financial system was “necessitated by the effect of global meltdown that castrated the Nigerian financial system and slowed down the growth of the economy.” He, however, assured that Nigeria’s subscription to Islamic banking would revive the current downturn of the country’s economy..............................................Full Article: Source
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