About this document
Islamic Banking Legal Framework in Nigeria by Ejiga Benjamin Ochuma is a document available to read on EtoBox.
The document discusses the legal framework for introducing Islamic banking in Nigeria. It begins with historical context on the religious origins of usury and non-interest banking in Islam and Christianity. It then analyzes the legal basis in Nigerian law, pointing to sections of the Central Bank Act and Banks and Other Financial Institutions Act that authorize the Central Bank to issue guidelines for non-interest financial institutions. The conclusion is that while debates continue, Nigerian law provides a
- Author
- Ejiga Benjamin Ochuma
- Language
- EN