Dr Johnson Pandit Asiama, the Governor of the Bank of Ghana (BoG), said the sector regulator will soon grant licences to financial institutions to start non-interest banking (Islamic banking) operations in the country. He said progress had been made since the announcement of the operationalisation of non-interest banking last year, with a series of consultations held and a guideline published to guide conduct in the sector. A non-interest banking business is one that strictly avoids interest, excessive uncertainty or ambiguity, gambling or speculative transactions resembling chance, and financing of prohibited activities. In November 2025, Professor John Gartchie Gatsi, Advisor to the Governor on non-interest banking, said the regulator was fully prepared to roll out operations for the sector following the completion of all structural and guideline requirements. Most secular economies include Islamic banking as part of their financial systems.