Non-interest finance is for everyone: IFRIG supports BoG’s inclusive financial agenda

However, the evolution of the global financial system has demonstrated that interest-based banking is not the only way to mobilise savings, finance businesses, support investment, and promote economic development.

Around the world, countries are increasingly embracing alternative financial models, including ethical finance, sustainable finance, and non-interest banking and finance.

Non-interest banking is an inclusive financial system that can be accessed by everyone, regardless of religion, ethnicity, or personal belief.