Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,153,033 members, 7,818,052 topics. Date: Sunday, 05 May 2024 at 06:04 AM |
Nairaland Forum / Nairaland / General / Religion / Islam for Muslims / Interest: Nigeria Muslim And The Intervention Of the CBN (209 Views)
Can One Be A Muslim And Still Engage In Fortune Telling Or Witchcraft? / Between A Muslim And Non Muslim: Question And Answer / Wallahi Im Angry With Most So Called Nigeria Muslim Elites! (2) (3) (4)
(1) (Reply)
Interest: Nigeria Muslim And The Intervention Of the CBN by Lukgaf(m): 5:42am On Jul 17, 2020 |
"For decades, Nigerian Muslims have been grossly marginalized in the country’s financial sector and other growth triggering financial interventions of the CBN due largely to the interest element that is usually involved in the schemes. For Muslims, who constitute well over half of the country’s population, the question of avoiding interest is non-negotiable, and the majority of Muslims would opt to live in poverty rather than devour interest and face the wrath of their Creator. " The Central Bank of Nigeria (CBN) has released the guidelines for the non-interest version of all its intervention programmes. The initiative covers the Anchor Borrowers Programme (ABP), Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS), Creative Industry Financing Initiative, Micro, Small and Medium Enterprise Development Fund, Real Sector Support Facility (RSSF) and Credit Support for the Healthcare Sector. |
Re: Interest: Nigeria Muslim And The Intervention Of the CBN by Kherdija(f): 5:53am On Jul 17, 2020 |
Masha Allah |
Re: Interest: Nigeria Muslim And The Intervention Of the CBN by Rashduct4luv(m): 8:58am On Jul 17, 2020 |
Non-interest banking! The banking of Islam! |
(1) (Reply)
Islam Forbade Singing.... / Never Raise A Vσice / How To Relieve Your Self From Pain Without Medication
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12 |