The Bank of Ghana (BoG) has engaged Christian and Muslim leaders on Non-Interest Banking and Finance (NIBF) in Accra as the central bank develops a regulatory framework for its rollout in the country.
A statement issued by BoG said Professor John Gatsi, an advisor at the bank, met with representatives on behalf of Governor Dr. Johnson Asiama at the Bank Square.
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The statement explained that the meeting was part of the bank’s ongoing stakeholder consultations aimed at developing an inclusive regulatory framework for NIBF in Ghana.
Discussions focused on international regulatory standards, governance structures, and the establishment of both NIBF windows within conventional banks and fully fledged NIBF institutions.
“The NIBF will enhance financial inclusion, broaden economic opportunities, and expand consumer choice, ensuring fairness and non-discrimination,” Prof. Gatsi said.
The statement added that leaders of both faith groups expressed appreciation to the bank for creating a space for dialogue and collaboration on this initiative, while stressing BoG’s commitment to fostering a financial system that serves all Ghanaians.
