MOGADISHU (Reuters) – A Somali rebel group has banned the transfer and receipt of cash by mobile phone, a move the government said would stifle the economy and hurt entrepreneurs in a country where few hold bank accounts.The al Shabaab group, which professes loyalty to al Qaeda, said mobile money transfers (MMT) helped feed Western capitalism and were turning Somalia’s Muslims against Islamic banking practices."The use of the MMT service will be discontinued in all parts of Somalia — and the companies that offer these services, specifically Hormuud, Telesom and Golis, must stop dealing with this service," al Shabaab said in a statement on Sunday.

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