Central Bank of Nigeria

Islamic banking,Takaful insurance solidify Sharia

Islamic finance is playing each day goes by an even more important role in today’s global financial village.
Operators of Islamic banking disputed tha fact that Islamic banking cannot be fully Sharia based unless there is Takaful to take care of their insurance businesses.
Mallam Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, stated that Nigeria is the most populous black nation in the world with a population of about 150 million, boasts of a significant Muslim population, majority of whom yearn for such financial services.

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