"The role of non-interest banking in national economic development" by Hakeem Ishola Mobolaji

Bullion

Title

The role of non-interest banking in national economic development

Authors

Hakeem Ishola Mobolaji, University of Ilorin, Kwara

Keywords

Non-interest banking, Banking, Financial system, Banking sector, Non-interest finance, Nigeria

Abstract

The paper examines non-interest Banking model that operates devoid of interest in lending, financing, deposit-taking and all forms of financial intermediation. Hence, the bank becomes an important financial institution for enhancing growth and development in an economy. The article is divided into five section, the first being the introduction, section two contains the conceptual framework, three highlights non-interest banking in Nigeria and four concludes the paper.

Author Bio

The author Mobolaji A. Umar is a staff of the Department of Economic, University of Ilorin, Ilorin, Kwara State.

Publication Title

CBN Bullion

Issue

Volume

Recommended Citation

Mobolaji, Hakeem Ishola (2011) "The role of non-interest banking in national economic development," Bullion: Vol. 35: No. 3, Article 4.
Available at: https://dc.cbn.gov.ng/bullion/vol35/iss3/4

Download

Included in

Finance Commons, Finance and Financial Management Commons

COinS