29.09.2011 - Challenges of non-interest banking, by CBN
The Central Bank of Nigeria (CBN) raised an alarm on the success of Islamic Banking without an established Islamic insurance institution. CBN Governor, Sanusi Lamido Sanusi, said the absence of Islamic insurance to protect the investments of such non-interest banks against unforeseen hazards could impair the growth of the Islamic banking industry in Nigeria. Sanusi, who spoke through a CBN Director, Mallam Dahiru Mohammed, raised the alarm in Jimeta, Adamawa State, during the 16th Finance Correspondents and Business Editors seminar, organised by the bank..............................................Full Article: Source
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