Africa

Africa

Ziraat Participation Bank Selects Path Solutions’ iMAL Islamic Core Banking Platform

Ziraat Participation Bank in Sudan will implement Path Solutions’ iMAL Islamic core banking platform. The bank is affiliated to Ziraat Katilim Bankasi and Ziraat...

FG considers SuKuk bond for Calabar-Itu-Ikot-Ekpene road project

The Federal Government said on Monday it had requested funding support from SuKuk bond through the Debt Management Office and other multilateral sources to...

‘Why Muslims Should Harness Halal Finance Investment’

Following the lingering border closure by the Federal Government, the Institute of Islamic Finance Professionals (IIFP) has called on Muslims to tap into the...

Islamic Finance Assets to Hit $3.8trn

The total global Islamic finance assets will reach $3.8 trillion by 2023, with an annual growth rate of 7.7 per cent, the Managing Director...

Tanzania: Islamic Finance Legal Framework Coming

Tanzanian government is now setting up regulatory frameworks for Islamic financing which is fast growing in the country. Currently, Tanzania has only one fully-fledged bank...

Cameroon Bets on Islamic Financing to Boost Financial Inclusion and Attract...

In Cameroon, only one bank (Afriland First Bank) and three microfinance institutions, out of the 53 banks and nearly 500 microfinance institutions approved in...