24.08.2009 - Is Islamic banking a better option?

From Businesstimes.co.tz: Africa is probably the second most Islamized continent in the world with most of its northern countries fully Islam. In many Islamic countries, the ‘modern-European’ mode of banking has been shunned for condoning of interest (usury). Most banking institutions in Africa countries have based their earnings largely on interest. This left no option for the Muslim population...........Full Article: Source

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