MPs, central bank divided over Islamic banking
BOU executive director of the Bank Supervision Directorate, Tumubweine Twinemanzi says just like Uganda took long to put regulations for mobile money until the year 2000, the same scenario should be applied to give Islamic banking a chance to thrive.
PREMIUM News
MPs, central bank divided over Islamic banking
By NewVision Reporter
Journalists @NewVision
Bank of Uganda (BOU) officials appearing before the legislators on Parliament's committee of Finance, Planning and Economic Development are divided over whether to permit Islamic banking kick-off or create regulations