Tag: Islamic finance

This is how Islamic Finance is gaining traction and changing attitudes in Nigeria

Islamic Finance instruments are gaining ground in Nigeria with the Debt Management Office (DMO) of Nigeria listing a second N100 billion Sukuk bond this year. But perception issues still exist on Islamic finance instruments. To discuss how best to change the attitudes to Islamic finance in the country, Adeola Sunmola, Partner at Udo Udoma & Belo Osagie and Ummahani Amin, Managing Partner at Metropolitan Law firm join CNBC Africa for more.

Nigeria explores opportunities in Islamic finance

The Nigerian Stock Exchange says it will continue to work with market stakeholders to ensure the development of a robust Islamic finance sector as it presents opportunities for enhancing the country's economic fortunes. CNBC Africa’s Wole Famurewa caught up with Jude Chiemeka, Head of Trading Business Division at the Nigerian Stock Exchange.

Medina Islamic Finance, United Labs partner to boost financial inclusion in Africa

Medina Islamic Finance, an Africa-focused digital Islamic micro finance platform, announced a partnership with United Labs to leverage machine learning and data science to further enhance its microfinance digital banking platform. For a breakdown of their strategy CNBC Africa is joined by Wagane Diouf, CEO of Medina Islamic Finance.

Why Ethiopia wants to develop Islamic finance

Islamic finance is still new in Ethiopia, despite the government allowing financial institutions to offer such products back in 2008.