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islamic banking News

Op-Ed: Islamic banking coming to the UK?

City Of London - Islamic banking is set to come to the UK. Even hard line Islamophobes should welcome this, but will it deliver all it promises?

Op-Ed: IMF lectures Libya on interest ban and subsidies

Tripoli - The International Monetary Fund warns Libya of the dangers of a recently-enacted law that would ban interest in financial transactions without having developed a framework for Shari'a compliant institutions.

Nigeria: Islamic Banking is unconstitutional, CAN says

Abuja - Leaders of The Christian Association of Nigeria (CAN) recently held a meeting. At the end of the meeting, they released a communique in which they expressed opposition to introduction of Islamic banking in Nigeria.

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