Muslim-owned businesses are estimated to contribute as much as 10% to South Africa’s GDP. This could grow exponentially if they had better access to working capital. The biggest stumbling block to them accessing capital has been a lack of Shari’ah-compliant products on the market. Joining CNBC Africa for more is Ameen Hassen, Head of Shari’ah Banking at Standard Bank….
Standard Bank seeks to bridge the SME funding gap with this innovative product
PUBLISHED: Thu, 20 Feb 2020 16:14:24 GMT