Liberia, the small West African country continues to suffer economically because of bad governance. Citizens and foreign nationals who deposited their money local banks cannot withdraw because, 'there is no money in vaults.'
There is also political immaturity and inexperience of national leaders.
Systematic corruption is also a major economic sickness more dangerous than the 2015 EBOLA.
Depositors stand at Ecobank to withdraw, but 'no money'.
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One challenge is the harmonization of Shariah islamic car financeĀ standards and regulatory frameworks across jurisdictions, which can vary significantly in interpretation and implementation. Standardization efforts aim to promote consistency and facilitate cross-border transactions, but differences in legal systems and cultural contexts pose obstacles to seamless integration.