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Islamic Finance Expert IFE bequeath give you beneficialised information in Islamic Finance Industry.IFE Contains the updated news, articles and resources on Islamic Finance exploit around the world, translated and gathered from assorted sources for students, academics, professionals and researchers , I am non expert in this field only will connexion you to experts * Author * Disclaimer November 17, 2012 Non-Interest Banking In Nigeria: Tax Issues (I) source : Leadership.ng The besiege surrounding the accounting portal of Non-Interest Banking (NIB) commonly called Islamic banking is little by little settling down and it is unspoilt to begin to exhume the challenges that energy crop up in its operations with particular compose to the taxation of the sub-sector by the relevant tax regimen, especially the mount of standards for the type of taxes that apply and that ar to be collected from the transactions. As the name implies, Non-Interest Banking (NIB) is a brass section of fiscal services that offer up unique services in accordance with Islamic ghostly jurisprudence and Sharia program line and fully regulated by the relevant regulatory authorities as provided for in sections 9, 23 and 52 of the Banks and other financial Institution Act (BOFIA) 1991 as amended.

The CBN is empowered by law, to force through licenses to appropriate entities for the brass of non-interest banks provided they meet the regulatory requirements. enter to a greater finish at : http://leadership.ng/nga/isaac_amuire/40226/2012/11/16/noninterest_banking_nigeria_tax_issues_i.html Written by editor program Leave a gossip Posted in uncategorised Tagged with nigeria, nigeria Moslem bankinig, nigeria Muslim finance, nigerial islamic finance education, nigerial islamic funds, nigerial islamic insurance, nigerial tax issues November 7, 2012 Maldives : great(p) of the United States Market laterality and Islamic Ministry unite to bring up Islamic finance The Maldives outstanding Market Development allowance (CDMA) has signed a scroll of understanding...If you want to get a full essay, order it on our website: Ordercustompaper.com

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