Tag: Bright Simons
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Non-Interest Banking Rules Could Spark Ghana Regulatory Confusion
Overview: The Bank of Ghana’s Non-Interest Banking Guidelines Ghana’s central bank, the Bank of Ghana (BoG), is rounding out its framework for regulating what it calls “Non-Interest Banking.” The move aims to formalize Sharia-compliant financial services and other forms of interest-free banking that some customers prefer for religious or ethical reasons. While the intent is…
