12.11.2009 - Central Bank of Uganda pushes for Islamic banking
From Observer.ug: Bank of Uganda is urging the government to pass the regulatory requirement for the establishment of the country’s first Islamic Bank which is expected to attract an infusion of millions of dollars into the banking system “We have seen that Islamic financing is doing well in the United States, United Kingdom and other non-Islamic countries. There is no reason why it shouldn’t come here,” said Juma Walusimbi, the Communications Director at BoU.................................Full Article: Source
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