Bright Simons: Is Bank of Ghana’s ‘Islamic Banking’ Rebrand too clever by half?

Yesterday, I read the “exposure draft” of the Bank of Ghana’s Guideline for the Regulation and Supervision of Non-Interest Banking. The first thing that struck me is that the central bank’s strategic decision to rebrand “Islamic Banking” as “Non-Interest Banking” (NIB), while understandable as a bid to avoid the kind of needless controversy sparked in Nigeria in 2011 when […] Read Full Story