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1 mar 2020 · Islamic banking (IB) is a concept practiced in Nigeria under conventional banking regulatory laws. The conventional laws are however not particularly meant for Islamic banking, a fact...
Among the prominent Islamic banks operating in Nigeria are Jaiz Bank, Al Baraka Bank, Islamic Development Bank (IDB) Nigeria, Nigeria International Islamic Finance (NIIF), First Islamic Investment Bank of Nigeria (FIIB), and Al-Muntada Islamic Investment Bank.
With increasing wave of popularity and successes of Islamic finance across the world, Nigeria aspires to be the hub of Islamic finance of Africa.
30 sie 2018 · However, the implementation of the Islamic banking or non-interest banking has generated a lot of debate, specifically because its foundations are based on Islamic religion. This paper...
Islamic banking is a system of banking that is consistent with the principles of Islamic law tailored and protected by Islamic economics. The aim of introducing the system in Nigeria was to accelerate economic development in the country through risk sharing and prohibition of interest on loans.
Islamic banking (IB) is a concept practiced in Nigeria under conventional banking regulatory laws. The conventional laws are however not particularly meant for Islamic banking, a fact that leaves much to be desired for Islamic banking practice.
Islamic Banking in Nigeria: issues and prospects. CBN Bullion. 34(2), 36-42. This Article is brought to you for free and open access by CBN Institutional Repository.
