The Securities and Exchange Commission (SEC) has identified Islamic finance as a major driver of investment growth and a vital tool for promoting financial inclusion in Nigeria and across Africa. …
The Bank of Ghana (BoG) has met with Christian and Muslim leaders in Accra to discuss Non-Interest Banking and Finance (NIBF) as part of its ongoing consultations to create a …
Egypt is preparing to issue domestic Sukuk within the first half of the 2025/2026 fiscal year, according to Finance Minister Ahmed Kouchouk. The announcement was made during a panel discussion …
Afrinvest, one of Nigeria’s leading investment banking and asset management firms, has launched a Sharia-compliant mutual fund, the Afrinvest Halal Fund, to tap into the growing demand for ethical and …
Non-interest financial institution, TAJBank Limited, has signed the completion agreement for the N20 billion second tranche of its N100 billion Mudarabah Sukuk bond programme. The agreement ceremony took place on …
The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
The Debt Management Office (DMO) has announced plans to issue a N300 billion Sukuk bond to fund infrastructure projects across Nigeria. This move is part of the government’s strategy to …