Dr. Henry Wampah

BoG to consider Islamic banking in Ghana

The Bank of Ghana (BoG) has indicated that it might consider introducing Islamic finance to Ghana provided that the prospects are positive. There have been arguments among industry players whether or not Islamic banking is a potential solution to the high interest rates challenges for the private sector. According to Dr. Henry Wampah - Acting Governor of the BoG - the bank intends to consider this matter in the very near future.

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