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Capitalisant sur les opportunités d'investissement dans les marchés Africains clés
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Date: 17th & 18th September 2015 Lieu: Sofitel Abidjan Hotel Ivoire

Communiqué De Presse

Africa Islamic Finance Forum

As nations as diverse as Sudan, Nigeria, Cote d’Ivoire, Mauritania, Djibouti, Morocco, Tunisia and many more begin to bloom into their full potential, the eyes of the Islamic world are turning towards Africa. Against this landscape of exciting opportunity, the IDB and the Islamic Corporation for the Development of the Private Sector, under the patronage of the Government of Cote d’Ivoire, will hold a landmark forum to be held in Abidjan from the 17th – 18th September 2015.

The event will be the first Islamic finance forum held in Cote d’Ivoire and is aimed at stimulating development of the local and international market of Islamic finance in Côte d’Ivoire in line with the government’s National Development Plan 2016–2020 and to explore cross-border trades between international investors and African nations through opportunities made available through Islamic finance.

Home to almost a quarter of the total global Muslim population, Africa is one of the last great horizons for Islamic finance. Although the potential has long been recognized by the industry and its institutions, geopolitical barriers, civil unrest and regulatory limitations have hitherto inhibited its full flowering. However, in recent years the pace has picked up: with supranational development agencies supporting nations across the breadth of Africa to develop their legislative and regulatory frameworks, encouraging the advent of Islamic institutions and innovations, and enabling the issuance of Sukuk to stimulate their public sector spending. And as the third-fastest growing region in the world, outside interest is also gaining momentum with the continent an increasingly attractive destination for Shariah compliant foreign direct investment, and trade between Africa and OIC countries across the rest of the world gaining compelling momentum.

This exclusive, invitation-only event is designed specifically for the benefit of local and international market players to explore the development opportunities in Islamic finance both in the Cote d’Ivoire, locally and regionally – concentrating on building the market and exploring its exceptional potential through inward investment and international collaboration.

The distinguished audience will include regulators, bankers, lawyers, consultants, scholars and a comprehensive array of expert practitioners from around the world with a stake in the evolution of the African Islamic finance industry.

The comprehensive forum will cover the outlook for Islamic finance and Shariah compliant fundraising and public-private partnerships in Africa, review the success of global Sukuk deals, focus on how Islamic finance can advance Africa’s SME sector and discuss the Islamic asset management trends both globally and in key African markets.

The Africa Islamic Finance Forum will be organized by REDmoney events, a division of REDmoney Group.

For more information, please contact:

Nabil El-Alami
Head, Marketing and Communication Division
Islamic Corporation for the Development of the Private Sector
E-mail: nalami@isdb.org
Website: www.icd-idb.org

Andrew Morgan
Managing Director and Publisher
REDmoney Group
+603 2162 7801
Email: Andrew.Morgan@REDmoneygroup.com
Website: www.REDmoneyevents.com

 

About the Islamic Corporation for the Development of the Private Sector (ICD)

The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization, part of the IDB Group. ICD was established in November 1999 to promote economic development of its member countries in accordance with the principles of the Shariah through private sector development. The ICD encourages the establishment, expansion and modernization of private enterprises through financing private sector enterprises or projects. Projects are selected on the basis of their contribution to economic development considering factors such as the creation of employment opportunities and contribution to exports. The ICD also provides advice to governments and private sector groups on policies to encourage the establishment, expansion and modernization of private enterprises, development of capital markets and best management practices, and to enhance the role of market economy. The ICD operations complement the activities of the IDB.

About Islamic Finance news

Islamic Finance news (IFN) is the company’s principal publication. IFN is a digital, subscription-based publication available online and through smartphone and tablet applications. Published weekly, the journal provides exclusive and comprehensive coverage of the global Islamic financial markets through in-house analysis and expert external contributions; in addition to a daily news service, additional quarterly supplements and a variety of special annual issues.

Differentiated by a decade of trusted relationships across the industry, IFN is able to leverage an unrivalled network of contacts and connections to provide unparalleled insight into the issues affecting global Shariah compliant markets: along with in-house analysis, news, interviews, reports, industry and sector data, and much more.

With an archived website containing over 60,000 exclusive reports, the IFN portfolio also hosts a suite of proprietary tools including the industry’s largest interactive terminology glossary, a directory of over 4,000 global Islamic financial institutions and a portal to Islamic Banking Intelligence, the most comprehensive source of segmented Islamic banking financial data.

About REDmoney events

REDmoney events designs, organizes and hosts industry-leading conferences, forums, roadshows and seminars focusing on the Islamic financial markets across a global, regional and national level. Leveraging an exceptional network of the industry’s elite, REDmoney’s events provide access to an unparalleled array of influential speakers, panelists and participants from a cross-section of the global industry to debate the most significant issues currently affecting the Shariah compliant financial markets.