Regional central banks meet in Banjul on Islamic financing

Several African sub-regional central banks Monday commenced a two-day seminar in Banjul on building Islamic finance in Gambia. The forum, held at the Ocean Bay Hotel in Bakau, brought together participants from Nigeria, Malaysia, Sierra Leone and Gambia. In his opening statement, Abdoulie Jallow, permanent secretary at the Ministry of Finance and Economic Affairs, said the forum is the final activity of the project titled “Enhancing financial literacy and capacity building on Islamic instruments”. The project is funded by the Committee for Economic and Commercial Cooperation (COMCEC) of the Organisation of Islamic Cooperation (OIC).