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BoG Consults Faith Leaders on Non-Interest Banking and Finance

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BoG Consults Faith Leaders on Non-Interest Banking and Finance

The Bank of Ghana (BoG) has intensified stakeholder consultations on the rollout of Non-Interest Banking and Finance (NIBF) in the country, engaging Christian and Muslim leaders on September 18, 2025, at the Bank’s Square in Accra.

The session, led by Prof. John Gatsi, Advisor at the Bank, on behalf of Governor Dr. Johnson Asiama, forms part of efforts to develop an inclusive regulatory framework to support NIBF operations.

Discussions centred on aligning with international regulatory standards, putting in place appropriate governance structures, and facilitating both the creation of NIBF “windows” within conventional banks as well as the licensing of fully fledged NIBF institutions.

Prof. Gatsi stressed that NIBF is expected to deepen financial inclusion, expand consumer choice, and provide fair, non-discriminatory access to financial services.

Representatives of both Christian and Muslim communities welcomed the engagement, commending the central bank for fostering dialogue and collaboration on the initiative.

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