NIGERIA TO HOST CONFERENCE ON ISLAMIC FINANCE
Nigeria is set to host the
4th edition of the African International Conference on Islamic Finance (AICIF),
a gathering of the leading financial experts, regulators and frontline
voices from the global banking community.
They will converge in
Nigeria’s commercial capital, Lagos, to discuss how Africa can enhance its
markets, build stronger, more robust economic ecosystems and ensure wider
financial inclusion.
NAN reports that this
year’s conference is themed: Infrastructure Financing, Sustainability and the
Future of African Markets and will hold on Monday, November 4 and Tuesday,
November 5.
Speaking on the
conference, Ummahani Ahmad Amin, Managing Partner at Metropolitan Law Firm
& convener of the conference said that the AICIF was established to
highlight the practical solutions available to society via merging Islamic
finance with conventional finance practices.
“The dire need to
financially include the excluded is pertinent considering that over 350 million
African adults are unbanked, a whopping 66% of sub-Saharan Africa or 17% of the
global total.
“It then became imperative
to have a gathering of leading minds that could proffer solutions,” he said.
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