Nigeria: Islamic Banking Will Promote Real Sector - Scholar

29 August 2011

Lagos — An Islamic scholar, Raimi Lukman has said that the proposed Islamic banking will promote investment in the real sector of the economy and reduce unemployment in the country.

Lukman, who is a lecturer at the Centre for Entrepreneurship Development (CED), Yaba College of Technology, Lagos, said this at the weekend in a paper titled "Islamic Banking: Challenges, Implementation and Perception" presented at the 4th Wahab Folawiyo Memorial Lecture.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.