Market Date: 21-05-2013
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Islamic Banking
50 Thousand Islamic Financial Professional Needed Globally
In accordance with the growing industry of Islamic Banking and Finance, the whole world needs 50,000 Islamic Finance Experts right away so that the emerging market of Islamic Banking and Finance may be easily promoted. These thoughts were expressed by Mr.
Oscar Onyema’s Speech at the NSE Lotus Islamic Index Launch
Today marks another milestone in the Rebirth, Growth and Transformation of the Nigerian capital market as we launch the NSE Lotus Islamic Index (NSE LII). This is one of the many steps we are charting to bring to fruition our vision of becoming the gatewa
Illegal Islamic Banking and the Usurpation of the Nigerian Legislature
Finally, there has been a pronouncement on the vexed issue of the illegal introduction of Islamic Banking in Nigeria by the Sanusi Lamido Sanusi led Central Bank of Nigeria without recourse to the National Assembly to amend the Banks and Other Institution
Islamic Banking Is Illegal — Federal Court
According to Justice Gabriel Kolawole, the license issued to Jaiz International Bank PLC to embark on Islamic banking in the country would have been nullified if the plaintiff in the matter, Godwin Sunday Ogboji had locus standi to institute the action.
The NSE Signs MoU on Shari’ah Equity Index
Another milestone aimed at further deepening the nation’s stock market was attained in Lagos this week as The Nigerian Stock Exchange (NSE) signed a Memorandum of Understanding (MOU) with Lotus Capital for the development and management of a certified Sha
Nigeria, Islamism and the Islamic Development Bank
Nigeria, Islamism and the Islamic Development Bank
Islamic bank earmarks $2bn for Jonathan’s transformation agenda
Islamic bank earmarks $2bn for Jonathan’s transformation agenda
The IsDB- Nigeria Business Forum, 15-16 March, 2012, Abuja Nigeria
The IsDB- Nigeria Business Forum, 15-16 March, 2012, Abuja Nigeria
Islamic Bank: After $370mn, Nigeria Seeks Additional $600mn Loan
Islamic Bank: After $370mn, Nigeria Seeks Additional $600mn Loan
Questions Raised on CBN’s Stance on Sharia Banking
Questions Raised on CBN’s Stance on Sharia Banking
CBN seeks support of Sudan for Islamic banking
The Central Bank of Nigeria (CBN) has requested for the support and cooperation of the Central Bank of Sudan (CBOS) for the implementation of Islamic banking (non-interest banking) in Nigeria.
Prospects in Islamic banking's investment products
Many may not be conversant with the practice of a banking system that prohibits the charging of interest, focuses on investment made in the private sector through interest-free financing, is built on Sharia principles, and not the least, the details of ho
Evolving healthy financial system through Islamic banking
Even as the Central Bank of Nigeria (CBN) has indicated that it will henceforth allow banks to operate in their core areas of competence, not a few finance sector analysts have applauded that it is a development that would herald the birth of internationa
Why Islamic bank has not been licensed, by Sanusi
Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi Lamido, has offered an insight as to why proposed Islamic bank, Jaiz International Plc, is yet to be granted operational licence.
Central Bank's reforms may aid Islamic Banking
The Central Bank of Nigeria (CBN) said the new phase of reforms will positively impact on the provisions and requirement of Islamic banking, and hasten the progress of that arm of banking.
Investors await CBNs rules on Islamic banking
Strategic foreign investors, eyeing stakes in Nigeria\'s financial sector, have requested from Central Bank of Nigeria (CBN), details of regulations governing operations of Islamic banking.
CBN Grants Provisional Approval for Islamic Bank
Central Bank of Nigeria (CBN) may have issued a no objection response to the proposal by a group of Nigerian investors to promote the nations premier Islamic bank, Jaiz Bank
