Here we have one of the starkest examples yet of the use of Shariah-finance to basically extort borrowers into adhering to Shariah.

The head of Nigeria’s central bank all but says that if African nations want to secure funding for their infrastructure projects, they better turn to Islamic finance. Islamic finance is of course a euphemism for Shariah-Compliant Finance…

This is a classic example of how Shariah Finance promotes Shariah and introduces it to new regions.

http://allafrica.com/stories/201306260767.html

 

 

Leave a Reply

Looking for something?

Use the form below to search the site:


Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!