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Islamic banking launched in Uganda
Islamic banking is based on the principles of Shari’ah, which prohibits the charging of interest.
Michael Atingi-Ego Deputy Governor Bank of Uganda (left) and Ramathan Ggoobi PS/Secretary to the Treasury Ministry of Finance launching Islamic Banking in Uganda /Photos by Mpalanyi Ssentongo
By: NewVision Reporter, Journalists @NewVision
Islamic banking, the type of banking that follows the principles of Shari’ah has been launched in Uganda, after 23 years of lobbying and postponement.
Ramadhan