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Pantami Urges Islamic Banks to Lead Global Digital Economy with Ethical Practices

Business1 min read
Pantami Urges Islamic Banks to Lead Global Digital Economy with Ethical Practices

Dr. Pantami delivered a keynote address at the Manchester Sunday Annual Conference of the Nigeria Muslim Forum in the UK, urging Islamic banks to take the lead in the global digital economy.

He highlighted the importance of ethics, transparency, and fairness in Islamic banking, emphasizing that Islamic banks are not just for Muslims but for all. Pantami referenced a study from Indonesia showing non-Muslims being loyal patrons of Islamic banks due to their transparent and flexible nature.

He called for heavy investment in research to build robust digital banking systems in line with Islamic finance principles.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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