IslamicFinance.de

Chris Agabi reported on 16 January on allAfrica about the discussions held at the Lotus Capital Seminar series. Professor Mohamed L. Bashar, an Islamic finance and economics lecturer and a board member, Lotus Capital Limited has advocated for a defined regulatory framework to support the growth of Islamic finance in Nigeria, while the guest speaker Professor Monzer Kahf, and Chairman of the Sharia Advisory Board of Lotus Capital, noted that legislation may not necessarily be the biggest impediment but political will - legislation for the conventional financial system does not generally affect Islamic finance.