Zambian governor fears shariah scholar shortage
Financial institutions need to improve governance structures to foster Islamic finance
A potential shortage of shariah scholars is one of many challenges to overcome in the promotion of Islamic finance in Zambia, according to the central bank governor Michael Gondwe.
Speaking in Lusaka on December 30, Gondwe identified "the lack of the necessary capacity" in the country's financial institutions as the "major challenge" to rolling out Islamic finance in the country.
This extends to their governance structures, which will need to ensure "strict adherence and compliance" with the
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