04.11.2011 - Islamic banking, tool for poverty eradication
A lecturer at the department of Arabic and Islamic Studies, University of Ibadan, Dr Muritala Kareem, has identified Islamic banking as a tool for eradication of poverty in the country. He stated this at the biennial conference of the Obafemi Awolowo University Muslim Graduates’ Association (UNIFEMGA), recently in Ibadan. Dr. Kareem said the interest-free nature of Islamic banking would pave the way for small scale business men to get loan which would enhance stability and progress of their businesses...............................................Full Article: Source
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