This is the 3rd IFN Nigeria event.
The past year has seen new fully-fledged Shariah compliant players enter the financial market in Nigeria, in addition to the Nigerian government reiterating its interest in tapping the Islamic capital markets.
There are two fully fledged Islamic banks; two Islamic banking windows operated by conventional banks; and four Shariah compliant microfinance institutions. There are five Takaful providers and several Islamic asset managers offering Shariah compliant funds, an Islamic ETF, and a Shariah compliant index.
The past two years have seen major developments in Nigeria’s Islamic finance and banking industry, with regulators reinforcing their support through updates in regulations and both the government and the private sector tapping the Islamic capital market. With Muslims making up almost 50% of the Nigerian population, Islamic finance and banking in the country has great potential.
Seminar Calendsr