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Tanzania

East Africa Braces For Islamic Finance

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Nairobi: East Africa could be the new frontier for Islamic finance following the launch of the first East Africa Islamic finance summit in Nairobi. Financial experts drawn from the region noted that East Africa features a potentially strong demand for Islamic services and that its growing reach promises a number of benefits. The Islamic finance …

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Tanzania Could Become An Islamic Finance Hub For East African Countries

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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 …

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