Islamic Finance is an Ideal tool of Financial Inclusion
Islamic Finance is an ideal tool of financial inclusion and can address the poverty issues in East Africa effectively, according to Mr. Zubair Mughal, the Chief Executive Officer of AlHuda Center of Islamic Banking and Economics (CIBE). He was addressing a gathering of the banking and financial industry of Tanzania in Dar es Salaam during an Islamic Banking and Finance event. The overall objective of the event was to create awareness, knowledge development and sharing the best practices of Islamic Banking and Finance with local financial market, so that the Tanzanian Islamic financial market could be established with solid footing using Shariah & technical expertise as concrete.
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