Indonesia keen on Islamic banking

As technological advancement continues to take place daily, Tanzania is yet to embark on a cashless banking system, a technology meant to revolutionise the provision of financial services in the country.

The government has engaged the World Bank to provide consultancy in preparing a regulatory framework for operations of Islamic banking.

>Islamic banking is a guarantee for ensuring economic stability and reduction of poverty among many people.

>Tanzania has big potential for Islamic finance and it would be the Islamic banking hub in east Africa, an expert has said.

Meneja Uendelezaji Biashara wa Benki ya NBC, Eddie Mhina (kushoto), akizungumza na baadhi ya wateja wa benki hiyo katika semina waliyowaandalia kuhusu bidhaa mbalimbali zinazopatikana kupitia huduma hiyo. Hafla hiyo ilifanyika jijini Mwanza hivi karibuni. Mkuu wa Kitengo cha Huduma za Kibenki zinazofuata misingi ya Kiislamu (Islamic Banking) za Benki ya NBC, Yassir Masoud (kushoto), akizungumza na baadhi ya wateja wa benki hiyo katika semina waliyowaandalia kuhusu bidhaa mbalimbali...

Meneja Uendelezaji wa Biashara wa Benki ya NBC, Eddie Mhina (kulia), akizungumza na baadhi ya wateja wa benki hiyo kuhusu huduma za kibenki zinazofuata kanuni na misingi ya kiislamu (Islamic Banking) katika warsha ya siku moja waliyowaandalia wateja wa NBC mkoani Mtwara hivi karibuni. Mkuu wa Kitengo cha Huduma za Kibenki zinazofuata misingi ya Kiislamu (Islamic Banking), cha Benki ya NBC, Yassir Masoud (kulia), akielezea kuhusu huduma hizo wakati wa warsha ya siku moja waliyowaandalia...

H.E. Hassan Rouhani, President of Iran

His Excellency Dr. Jakaya Mrisho Kikwete, President of the United Republic of Tanzania has sent a congratulatory message to His Excellency Hassan Rouhani, President of the Islamic Republic of Iran on the occasion of celebrating 36th Anniversary of the Islamic Revolution of Iran. The message reads as follows;

“Your Excellency

Hassan Rouhani,

President of the Islamic Republic of Iran,

TEHRAN

Your Excellency and Dear Brother,

On behalf of the Government and...

The number of Tanzanians accessing financial services through mobile phones has increased from 210,000 to over 12 million, almost 10 times in a span of only four years.

>A substantial investment in technology has helped commercial banks to reach a number of unbanked Tanzanians, a prominent banker has said.