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Islamic Banking: DG calls for intensive public enlightenment

Zaria (Kaduna) – The Director-General, National Teachers’ Institute (NTI), Dr Aminu Ladan-Sharehu, has advocated for intensive public enlightenment to clarify grey areas on Islamic banking system in Nigeria.

He, in Zaria on Sunday, said that there was need for seminars and workshops for stakeholders in the banking industry and public enlightenment through the media.

The DG observed that such move would allow both Muslims and Christians to have a clear picture of the system.

Ladan-Sharehu identified the lack of trust among Nigerians as one of the problems associated with introduced issues, especially where they relate to religion.

He observed that the country had been operating conventional banking system for a long period and explained that the rate of development of the country in that direction, had been slow.

“Since we have tried the western economic policy and it didn’t work. Why can’t we try another means and see whether we can address our economic problems.

“The Islamic banking system could be used to tackle our economic and social problems. However, we are not saying that absolutely the system has no problem.

“Remember, in life there is no venture that is completely devoid of problem but that of Islamic system is minimal.

“There is the need for enlightenment and most importantly, there is need for us to trust ourselves so that the system can succeed,” the DG said. (NAN)


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