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Islamic banking cleared for business, says regulator

Monday May 16 2016

A client transacting business at a counter in a

A client transacting business at a counter in a banking hall. Any commercial bank in Uganda is now free to offer Islamic Banking products after the amendment of legal restrictions. FILE PHOTO 

In Summary

Belief. The product is consistent with the principles of Shari’ah law.

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By ISMAIL MUSA LADU

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