22.08.2012 - Islamic banking in Nigeria: Boost or spoof?
Islamic banking has crept in under the radar in Nigeria, with an Islamic window opened on the trading floor at the Nigerian Stock Exchange (NSE) this year, following last year’s Central Bank of Nigeria (CBN) approval for “Sharia compliant” equities. Yet there are fears that a deliberate Islamic financial services industry may have unintended consequences on equity transactions, with the new window viewed with suspicion or ignorance by many in Africa’s most populous nation...............................................Full Article: Source
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