ISLAMIC BANKING & FARMING – farmers to be protected by Sharia Law

ISLAMIC BANKING & FARMING – farmers to be protected by Sharia Law

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Farmers are to directly benefit from the enactment of the Islamic Banking and Finance Law as they will be protected under the Sharia Law from the harsh losses previously suffered due to lack of insurance cover.

According to Ahmed Kawesa, Principal of Islamic University in Uganda, farmers will be paid for their harvest at the time of planting under Islamic Insurance, to encourage agro-production.

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