Africa

Africa

Zakat Distribution as a Stabilizer During COVID-19 Pandemic

Dr. Aliyu Dahiru Muhammad, Deputy Director, Training & Linkages, International Institute of Islamic Banking and Finance, Bayero University Kano discussed with WebTV on ways...

BOFIA Act Should Be Reviewed to Enhance Islamic Banking in Nigeria

The Banking and Other Financial Institutions Act (BOFIA) should be reviewed to enhance Nigeria's Islamic banking industry. Mr. Abdul-Wahab Saadudeen the Imam of Ar...

AfDB’s Facility for Energy Inclusion Attracts $160m in Commitments for Small-Scale...

The African Development Bank, the European Commission, KfW, the Clean Technology Fund, Norfund, and other investors have committed nearly $160 million to the first...

Egypt: Sale of Majority Stake in Tokio Marine Egypt Family Takaful...

The Financial Regulatory Authority (FRA) has revealed that it has obtained the approval of the Council of Ministers for the sale of 75% of...

Access Bank Completes N15bn Green Bond Listing on Luxembourg Stock Exchange.

Access Bank says it has completed the listing of its N15bn green bond on the Luxembourg Stock Exchange. A statement said the 15.50 per...

Nigeria to Spend US $405m Sukuk Bond on 44 Highway Projects

The federal government of Nigeria is set to spend US$405m Sukuk bond to finance 44 ongoing highway projects. Minister of State for Works and...