posted by Christopher W. Holton

Efforts by the Bank of Ghana to encourage the establishment of an Islamic bank have been dashed as the provisional license that was granted to a Saudi Arabia-based financial institution is withdrawn.

Joy Business is learning that the central bank withdrew the license it gave to Makkah after the company failed to meet key requirements for the granting of a full operation licence on two occasions.

http://www.ghanaweb.com/GhanaHomePage/business/Plan-to-encourage-Islamic-banking-faces-setback-434520

 

 

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