Sharia law beneficial to economic growth – Abdulsalam

By Michael Adeyemo

An Islamic Financial expert, Mr. Mutiu Abdulsalam, says the implementation

of the sharia law will promote the economic wellbeing of people regardless

of their religious beliefs.

Mr. Abdusalam said this while featuring on Pensioners FM weekly Current

Affairs Programme “Trending”.

According to Mr. Abdusalam, Islamic banking in sharia law offers zero

interest rate, boost small scale businesses and financial strength of all

Nigerians.

Mr. Abdusalam, also emphasised that the implementation of Sharia law is

primarily intended to regulate social interactions and daily activities among

Muslims.

He further explained that while Sharia law is specifically designed for

Muslims, its principles of justice, fairness and ethical conduct can have a

positive impact on society as a whole.

The Financial expert noted that non-Muslims, although not directly subject

to Sharia law, can still benefit from the positive effects of its application,

particularly in promoting social harmony and economic fairness.

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