By Sikirullahi Bukhari
ABSTRACT
Islamic economic system has continued to gain ground and to play a substantial role in the world economy. In Nigeria, Islamic cooperative society is one of the avenues through which the impact of the Islamic economic system could be felt. It represents the Islamic economic system to Nigerian Muslims and non Muslims alike- since other Islamic financial impacts are yet to be felt, more so that they are not yet in place. This work, therefore, exposes the extent to which the Islamic cooperative societies are making use of Islamic Financial Products and pinpoints their areas and levels of conformity and vice-versa with the principles guiding these products. Since the work is empirical in nature, it uses questionnaire and interview majorly to gather the needed data, even though some literatures are also contacted.
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