Tag: Islamic Finance and Economy
Archive for news stories and feature articles on Islamic Banking and Finance sector in Ghana
BoG engages Muslim groups on non-interest banking and finance
Accra: The Central Bank of Ghana has met with representatives of various Muslim groups to solicit inputs on the implementation of non-interest banking and finance (NIBF) in the country. The
Read MoreIFRIG to host 2025 Islamic Finance conference on September 27
Accra: The Islamic Finance Research Institute of Ghana (IFRIG) will be hosting local and international stakeholders for the 2025 edition of the Islamic Finance International Conference (IFIC). The event will
Read MoreGhana’s Islamic banking and finance framework to be ready by December 2025
Accra: Ghana has made inroads towards the development of a comprehensive regulatory framework to guide the implementation of Islamic, also referred to as non-interest banking and finance (NIBF), in the
Read MoreIsDB approves US$277 million development finance to three African countries
Jeddah, Saudi Arabia : The Islamic Development Bank (IsDB) has approved over US$277 million in new development financing to three West African countries that include Mauritania, Côte d’Ivoire and The
Read MoreProf. Gatsi appointed BOG advisor on Islamic banking and finance
Accra: Professor John Gatsi, Dean of the University of Cape Coast (UCC) Business School, has been appointed as an advisor to the Governor of the Bank of Ghana (BOG) on
Read MoreEstablish technical committee on Islamic finance-Prof Gatsi advises
Accra: A professor of finance at the University of Cape Coast, Prof. John Gatsi, is urging government to show commitment to adopting Islamic financing by establishing a technical committee to
Read MoreMaiden Accra Ramadan Souq opens Saturday
Accra: Preparations for the holy month of Ramadan begin in earnest as Muslim shoppers are expected to converge at the maiden edition of Accra Ramadan Souq (ARS). The ARS event
Read MoreSaudi Arabia introduces new currency symbol
Riyadh: The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will reinforce the
Read MoreIslamic Development Bank Board approves over US$1.2 billion support for nine African countries
Jeddah, Saudi Arabia: The Board of Executive Directors of the Islamic Development Bank (IsDB) has approved over US$1.2 billion support packages for nine African countries. The support was part of
Read MoreIslamic Banking and Finance is not about promoting religion—Prof. Gatsi
Accra: Professor John Gatsi, University of Cape Coast (UCC), has emphasised that Islamic banking and finance should not be viewed merely as a tool for promoting religion. Instead, Ghanaians should
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