IslamicFinance.de

The 2nd Annual Islamic Banking Summit Africa (IBSA 2013), which opened today in Djibouti, saw more than 350 leaders in the international Islamic banking and finance industry engage in discussions that focused on capturing the growth opportunity for Islamic finance and Takaful in Africa. The inaugural session of the two day event assessed the progress and development of Islamic finance in Africa and discussed required key government and regulatory initiatives. The keynote plenary session discussed key strategies for capacity building and how to best position Islamic finance as a catalyst for a new wave of economic development in Africa. The Power Debate session discussed key initiatives to strengthen Islamic finance’s links to the real economy in Africa and connect Africa to the broader world of Islamic finance.