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Sub Saharan Africa

Home » Regions » Sub Saharan Africa » Page 5
international-forum-islamic-finance

Khartoum Conference Seeks To Fast-Track The Accessibility Of Islamic Finance In Africa

Dec 9, 2014 by admin

H.E. Hassabo Mohamed Abdul-Rahman, Vice President of the Republic of Sudan to deliver keynote address at International Forum on Islamic Finance (IFIF Sudan 2014) Minister of Finance and Governor of Central Bank together with leading international industry speakers to join over 250 international delegates in Khartoum to capture the Africa opportunity for Islamic finance. Khartoum, …

Read moreKhartoum Conference Seeks To Fast-Track The Accessibility Of Islamic Finance In Africa
KENYA-SUKUK

Islamic Banking: Kenya To Issue Its Debut Sukuk In 2015/16 Financial Year.

Dec 2, 2014 by admin

Kenya will issue its debut sukuk in the next financial year, not this one as some had expected, after it opted to borrow an additional $750 million from its maiden $2 billion Eurobond issued in June, its finance minister said on Monday. Parliament is set to consider a recommendation by its finance committee to double …

Read moreIslamic Banking: Kenya To Issue Its Debut Sukuk In 2015/16 Financial Year.

Tanzania Could Become An Islamic Finance Hub For East African Countries

Sep 21, 2014 by admin

Dar e Salaam —  Tanzania has Big Potential for Islamic Finance and it would be the Islamic Banking hub for east African countries, it was stated by Muhammad Zubair Mughal, the Chief Executive Officer of AlHuda Center of Islamic Banking and Economics during the concluding ceremony of “African Islamic Banking and Finance Road show” in …

Read moreTanzania Could Become An Islamic Finance Hub For East African Countries

Takaful Industry Expanding In Africa

Sep 18, 2014 by admin

Takaful or Insurance in conventional terms has been gaining traction for the past few years as most of us need some kind of insurance against natural calamities. Hassan Bashir, Founder of Takaful Insurance of Africa, says the Kenya-based company’s products can bring possibilities to many and are not exclusively for people of the Muslim faith. …

Read moreTakaful Industry Expanding In Africa

Islamic Finanial Products Gaining Traction In Nigeria

Sep 16, 2014 by admin

Nigeria – Lotus Halal ETF, a non-interest capital market product which tracks the NSE Lotus Islamic Index (NSE-LII) was launched back in August. The NSE-LII index tracks the performance of 15 Sharia-screened equities listed on the stock exchange. Some of companies comprised in the index include Cadbury Nigeria, Dangote Cement and Unilever. The fund was …

Read moreIslamic Finanial Products Gaining Traction In Nigeria

Gambia Joins Crusade to Promote Islamic Tourism

Jul 5, 2014 by admin

The Gambia has joined the world’s powerful Islamic states in promoting Islamic Tourism as a new ethical dimension of tourism that has a strong impact on the economic growth of the member states of the Organisation of Islamic Corporation (OIC). At the recent OIC’s first Forum on Islamic Tourism held in Jakarta, Indonesia, member countries …

Read moreGambia Joins Crusade to Promote Islamic Tourism
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