Participants at an Islamic banking seminar. Issues of taxation, manpower and marketing have hampered the rollout of Islamic banking products in Uganda FILE PHOTO | NATION MEDIA GROUP
Issues of taxation, manpower and marketing have hampered the rollout of Islamic banking products in Uganda, as technocrats struggle to finalise regulations for the new products.
While regulations to guide the use of agency banking have been finalised and are scheduled for issuance after April 19, issues surrounding taxation of Islamic banking products remain unresolved.
