Thank you for inviting me to the event co-sponsored by the government of Cote d’Ivoire, the Islamic Corporation for the Development of the Private Sector (ICD) and the REDmoney Group. I appreciate the opportunity given to participate as one of the panelists at the Africa Islamic Finance Forum. I indeed found it to be useful, thought provoking and an opportunity to advocate the sustained growth of Islamic finance in Africa. The networking opportunities and exposures were valuable. Extend my sincere appreciation to the Minister of Planning and Development for all the Hospitality provided during the two-day event. I will honor future invitations in support of future Africa Islamic Finance Forum events.
Date: 16th June 2019
Remaining: 100 Seats
Speakers: 40 Speakers
About The Forum
Being one of only two nations in the world which has adopted a fully Shariah compliant financial system, Sudan has a plethora of Islamic finance opportunities.
The banking sector is witnessing consistent growth, with total banking assets, according to the Central Bank of Sudan, reaching SDG197.92 billion (US$10.89 billion) at the end of June 2018, up from SDG142.73 billion (US$7.86 billion) a year before.
The North African country is also one of the world’s largest issuers of short-term Sukuk, and houses 16 insurance and reinsurance companies. IFN will step foot in Sudan for the first time to convene industry experts and key players to discuss and analyze the growth and challenges of Sudan’s Islamic banking and finance industry.
Last Visit to Africa
Kenya, one of the fastest-growing economies in Africa, is now a leading contender in the bid to become Africa’s Islamic finance hub.
Efforts by Kenya’s financial regulators have paid off and paved the way forward for the country’s Islamic finance industry. With its much anticipated sovereign issuance, recently proposed CMA legislation promoting the use of Islamic financial products and the government’s commitment to position Kenya as a center of excellence for Shariah finance, the Islamic Corporation for the Development of the Private Sector and REDmoney Events are pleased to announce that our inaugural IFN Kenya Forum will take place in Nairobi on 27th November.
With all eyes on Kenya’s progress in Islamic finance, the IFN Kenya Forum will host some of the most influential Islamic finance dealmakers from Europe, the Middle East and key African economies.