{
  "id": 6136718,
  "title": "Non-Interest Banking To Complement Existing Banks- BoG Governor",
  "url": "https://urgent.news/2026/09/07/non-interest-banking-to-complement-existing-banks-bog-governor",
  "topic": "world",
  "section": "World",
  "published": "2026-09-07T11:30:53.000Z",
  "source": {
    "name": "Daily Guide Network",
    "slug": "daily-guide-network",
    "url": "https://dailyguidenetwork.com/non-interest-banking-to-complement-existing-banks-bog-governor/"
  },
  "original_language": "en",
  "account": "Dr. Johnson Asiama, the Governor of the Bank of Ghana, has explained that non-interest banking is not an attempt to impose religion on Ghana's banking sector. Speaking at an event in Accra, the Governor emphasized that the initiative is designed to offer more choices for consumers and expand access to financial services without replacing the existing banking system. He clarified that the Bank of Ghana is not a religious body and is not endorsing any faith over another. The central bank had recognized non-interest banking services as permissible under the Banks and Specialized Deposit-Taking Institutions Act, 2016. Dr. Asiama mentioned that the Bank conducted extensive consultations with religious groups and other stakeholders to ensure the framework reflects the country's religious diversity and addresses public concerns. The Bank also engaged with Islamic leaders and brought together representatives from the Christian and Islamic communities to promote understanding and inclusiveness. Non-interest banking refers to financial intermediation that avoids interest payments, excessive uncertainty, gambling, and investments in prohibited activities while promoting transactions backed by real economic activity and productive assets. The products are governed by principles of fairness, transparency, equity, and risk-sharing, and the institutions and products will be subject to the same regulatory standards as conventional banks.",
  "summary": "Dr. Johnson Asiama (M), Elvis Afriyie Ankrah and others in a group photograph The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has clarified that non-interest banking Read More... The post Non-Interest Banking To Complement Existing Banks- BoG Governor appeared first on DailyGuide Network .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}