Ngozi: Islamic banking is ok

Started by DT, Jul 08, 2011, 03:02 PM

DT

Former Finance minister Ngozi Okonjo-Iweala yesterday urged opponents of non-interest Islamic banking in the country to dispassionately understand the idea, which she said is simply another form of banking that is functioning well in other countries.


MyInfoStride

Nice that a person of her caliber can clear the coast. Nigerians needs enlightenment about the concept.

emezico

Since the concept (Islamic banking) is working in western countries, then it should be allowed in Nigeria, as long as, it would be beneficial to everybody, irrespective of religious background.

People shouldn't be sentimental about its establishment, if it would benefit every citizens, as explained by Central bank governor, Mallam Sanusi Lamido.

MyInfoStride

It is just unfortunate that our over-sensitivity to religion in Nigeria, is also part of backwardness. At times, when we need to handle some national issues critically and objectively, we are blindfolded by religion. Nigerians need to get used to a new way of thinking!