rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Islamic banking under the existing laws in Nigeria
    sub title: problems and prospects
  title info:
    title: Islamic banking under the existing laws in Nigeria : problems and prospects
  name:
    name part: Abikan, Abdul-Qadir Ibrahim
    role:
      role term: creator
    role:
      role term: author
  name:
    name part: International Islamic University Malaysia
    name part: Ahmad Ibrahim Kulliyyah of Laws
  genre: Theses, IIUM local
  origin info:
    place:
      place term: my
    date issued: 2007
  language:
    language term: eng
  physical description:
    form: electronic resource
    extent: xx, 408 leaves ; 30 cm.
  abstract: For the first time in the history of the Nigerian Banking Laws, Banks and Other Financial Institutions Decree (BOFID No. 25), 1991 permitted the establishment of Profit and Loss Sharing (PLS) banking which is the hallmark of Islamic Banking system. However, 16 years after the promulgation of the Decree, the establishment of the banking system has been made unrealisable by the bottleneck constituted by the same law and other banking related laws, governmental policies and the attitude of the Muslim populace amongst others. This state of affairs runs riot to the historic past, the acclaimed religiosity and the dominant population of the Nigerian Muslim ordinarily justifying the demand for the establishment of Islamic banking system in the country. This research, therefore, investigates the problems and prospects of Islamic banking system in Nigeria. It was conducted vide qualitative and quantitative research methodology. Data were obtained from the primary and secondary sources in the library, questionnaires were also administered and scheduled interviews conducted with bank practitioners, and stakeholders in Islamic Banking practice on the field. Descriptive, narrative and contextual analysis research techniques were adopted in processing the gathered information. At the end of the research, it was found that the agitation by the Nigerian Muslims for a return to full application of Shará‛ah including establishment of Islamic banking system has relationship with the heritage of the caliphate system which would have on its own evolved the banking system if not for the colonial intervention. It was revealed that although PLS banking system is approved by the main Nigerian banking law, yet, its provisions are restrictive and lacking in comprehensiveness requisite of the system's smooth operations. Interest based economic system and fiscal policies of the government, pervading corruption, porous legislative process, the prevailing religious bigotry and judicial crises wer…
  note: by Abdul-Qadir Ibrahim Abikan
  note: Abstracts in English and Arabic.
  note: "A thesis submitted in fulfilment of the requirement for the Degree of Doctor of Philosophy."--On title page.
  note: Access for fulltext of thesis is provided through digital format.
  note: Thesis (Ph. D.)--Internatioanal Islamic University Malaysia, 2007.
  note: Includes bibliographical references (leaves 365-383).
  subject:
    geographic code: f-nr---
  subject:
    topic: Banking law (Islamic law)
  subject:
    topic: Banks and banking
    geographic: Nigeria
  subject:
    topic: Banks and banking, Islamic
  subject:
    topic: Banks and banking
    geographic: Islamic countries
  classification: BP158.6.P22
  identifier: http://studentrepo.iium.edu.my/handle/123456789/1584
  access condition: Access for fulltext of thesis is provided through digital format.
  record info:
    record content source: UIAM
    record creation date: 070713
    record change date: 20090121111400.0
    record identifier: 387738
    language of cataloging:
      language term: eng