SHARIA-COMPLIANT BANKS WIN REPRIEVE, AWAIT REFORM
[Addis Fortune - Ethiopia] - 2/11/2025
The National Bank of Ethiopia (NBE) has scrapped the credit-growth ceiling that had stifled the four fully Sharia-compliant banks for more than two years. The reversal frees these banks from a rule that had previously limited their annual loan expansion across the industry as they sought to (…)
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