The central bank of Ghana says it will consider granting a license for Shariah-compliant banking…meanwhile, Shariah finance is running into understandable resistance in neighboring Nigeria…

But the introduction of Islamic banking in Nigeria is bringing some divide within the country’s religious (both Christians and Muslims) leaders.

A Voice of America (VOA) report July 15, 2011 indicates some sects, especially Christians are saying the move violates the country’s secular constitution.

The Christian Association of Nigeria says the move violates the country’s secular constitution and comes at a dangerous time when security forces are battling Islamic fundamentalists who are fighting for an independent nation ruled by Islamic law, reports the VOA.

A Catholic priest named Father Paul Anyansi of the the St. Peter Claver Catholic church told the VOA that he recognizes the potential economic benefits of Islamic banking but believes its dangers are far greater.

http://www.financialislam.com/news/ghana-positive-on-starting-islamic-banking

 

 

 

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