Islamic Banking: New Law Creates Interest-free Loans Opportunities

UGANDA, Kampala | Real Muloodi News | In a significant development, Parliament has passed the Financial Institutions (Amendment) Bill, 2023, which, upon President Museveni’s signature, will enable borrowers to access interest-free loans through Islamic Banking. This move comes after more than a decade of plans to introduce Islamic Banking in Uganda, a system in which … Continue reading Islamic Banking: New Law Creates Interest-free Loans Opportunities