Falalu Bello – Bible, Quran support non-interest banking

There is nothing controversial in non-interest banking otherwise known as Islamic banking because Christianity and Islam abhor usury or interest banking, former Managing Director of Unity Bank Plc, Alhaji Falalu Bello has said

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He said both Muslims and Christians can participate in the non-interest bank since the two holy books are against usury.

He added that the introduction of the banking system is not aimed at promoting any religion in Nigeria, but to provide a more conducive atmosphere for financial institutions to operate. “I don’t see anything controversial about Islamic banking.

The banking laws in Nigeria as far back as 1991, made it legal to have profit and loss banking in Nigeria, so whoever has a problem with it should have gone to court to challenge it when it was promulgated by the supreme military council,”

he said.   http://dailytrust.dailytrust.com/index.php?option=com_content&view=article&id=23014:falalu-bello-bible-quran-support-non-interest-banking-&catid=1:news&Itemid=2

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