Africa

Africa

Sukuk Bonds Can Address The Infrastructure and Housing Deficits In Nigeria

Nigeria's huge infrastructure and housing deficits can be fixed by strategic non-interest financing instruments and frameworks like the Sukuk Bond. The Deputy Director, Training and...

Takaful Insurance Premiums in Egypt Jump to $334Mln in Eight Months

Takaful insurance premiums in Egypt surged by 116.4% year-on-year during the first eight months of 2019, Akhbar El-Yom reported on Sunday, citing the Financial...

Islamic Financing as a Tool for Developmental Financing

At the third edition of the Traders, Investors  And Analysts (TIA) in collaboration with the Nigerian Stock Exchange, Dr Aliyu Dahiru Muhammad a Senior...

Faisal Islamic Bank Unveils Due Date of Free Stocks

Faisal Islamic Bank of Egypt (FAIT)(FAITA) decided to increase issued capital from $366,830,586 to $440196703 with an increase amounting to $73,366,117. The capital hike will...

EAIF Invests Kshs 1.3 Billion in Acorn Holdings’ Green Bond

Emerging Africa Infrastructure Fund (EAIF), an infrastructure fund managed by Investec Asset Management, invested 1.3 billion shillings in the green bond issued by Nairobi-based...

African Development Bank, Government Pension Investment Fund, Partner for Green, Social...

The African Development Bank (AfDB) and Japan’s Government Pension Investment Fund (GPIF) have signed a partnership to promote environmental, social and governance investments in...