IslamicFinance.de

Medina Islamic Finance, an Africa-focused digital Islamic microfinance platform has announced a strategic partnership with United Labs, a New York-based data science venture studio. The announcement was made by the founder and CEO of Medina Islamic Finance, M. Wagane Diouf, at the 44th Annual Meeting of the Islamic Development Bank Group. United Labs will initially provide Medina Islamic Finance with access to Artificial Intelligence technology and automated local language customer support systems that will accelerate Medina’s underwriting while improving customer support. United Labs CEO Bachir Diagne said he was proud to support Medina's inclusive ecosystem with data science technology solutions and to boost financial inclusion in Africa. Medina Islamic Finance plans to roll out its suite of ethical banking solutions in key targeted African countries in partnership with established financial institutions later this year.

FBNQuest Trustees is set to host an Islamic Estate Planning Clinic, on the 28th of April, 2019 in Abuja, Nigeria. This forum aims to educate Muslims about the importance of Estate Planning in line with Islamic laws. The Islamic Estate Planning Clinic will be hosted by Mr. Adekunle Awojobi, Managing Director FBNQuest Trustees and facilitated by the renowned Islamic financial Scholar, Dr. Bashir Umar, Imam at Al- Furqan Mosque in Kano. The session will address topics on Islamic Trust (Waqaf), Islamic Will (Wasiyyah), Zakat, Hibah, Takaful, and Sukuk; underscoring the importance of an Islamic plan to Muslims, as highlighted from the Qur’an and its interpretations in the Sunnah and Hadith. FBNQuest Trustees will also share insights on managing conventional Estate Plans, which is targeted at ensuring the preservation of legacies.