Tag: Islamic Finance and Economy
Archive for news stories and feature articles on Islamic Banking and Finance sector in Ghana
Islamic 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
Read More2024 Islamic Finance Conference takes off on Saturday
Accra: Economic and finance experts from industry, academia, and civil society will converge at the 2024 edition of the Islamic Finance International Conference (IFIC) on Saturday, October 5, 2024 in
Read MoreBOG’s misunderstanding of Islamic banking a major setback for its introduction – Prof. Gatsi
Accra – A Professor of Finance at the University of Cape Coast, Prof. John Gatsi, says the Bank of Ghana’s (BoG) misunderstanding of the concept of Islamic banking and finance
Read MoreWhy the proposal to introduce Islamic banking is good for Ghana
This policy proposal is progressive and embraces diversity and wider financial inclusion. It will provide additional sources of funding, deepen the implementation of public-private partnership law, and broaden financial intermediaries
Read MoreChief Imam reminds Muslims of tax obligations to country
Accra: Sheikh Nuhu Sharubutu, the National Chief Imam of Ghana, has called on Muslims to contribute their quota to national development by paying their taxes regularly. He emphasised the relevance
Read MoreZakat Fund raises GH₵1.17 million in 2022
Accra: The Zakat and Sadaqa Trust Fund of Ghana has raised a total income of about GH₵1.17 million in the year 2022. This represented a 33.5 percent increase from an
Read MoreRussia to introduce Islamic banking in September
Russia is set to begin the practice of Islamic banking in four Muslim-dominated regions of the country on a pilot basis.
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