(De)legitimising I-banks: the controversy over Islamic banking in contemporary Nigeria
Bibliographic record
Abstract
Since the Central Bank of Nigeria (CBN) published guidelines on the establishment and regulation of Islamic banking (I-banking) in Nigeria, differing sentiments have been offered to (de)legitimise this financial product. This paper therefore evaluates contending perspectives on the institutionalisation of I-banking in Nigeria. It argues that in spite of the globally acknowledged benefits of I-banking, the peculiar character of religiosity in Nigeria may render this financial product an instrument of conflict, and ultimately trivialise its anticipated advantages. Although some of the negative opinions against I-banking are informed by sectarian sentiments, the legal, constitutional and social arguments advanced by some of its antagonists seem persuasive. Consequently, the paper recommends some alternative options that will bring about a liberalised non-interest banking regime that reflects Nigeria's national peculiarities without necessarily compromising peace and unity.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.004 | 0.005 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.001 | 0.001 |
| Science and technology studies | 0.006 | 0.020 |
| Scholarly communication | 0.009 | 0.003 |
| Open science | 0.000 | 0.002 |
| Research integrity | 0.003 | 0.004 |
| Insufficient payload (model declined to judge) | 0.001 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".