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AN ASSESSMENT OF THE STRATEGIC OPTIONS THAT CAN ENHANCE THE GROWTH OF ISLAMIC BANKING IN KENYA

AN ASSESSMENT OF THE STRATEGIC OPTIONS THAT CAN ENHANCE THE GROWTH OF ISLAMIC BANKING IN KENYA

WOLASA, TEGO - Author

GALM GUYO ROGICHA - Co-Author

 


ABSTRACT

Islamic  keeping money is a managing an account movement that is steady with the standards of Islamic law (Sharia) and its commonsense application through the improvement of Islamic financial matters. Sharia denies the acknowledgment of particular premium or charges (known as Riba or usury) for advances of cash. Putting resources into organizations that give products or administrations considered in opposition to Islamic standards is additionally Haraam. This research assesses the strategic options that can enhance the growth of Islamic banking in Kenya.


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