IslamicFinance.de

The Islamic Corporation for the Development of the Private Sector (ICD) and the Regional Council for Public Savings and Financial Markets (CREPMF), Regional Financial Market Regulatory Body of the West African Economic and Monetary Union (WAEMU) zone sign a partnership and cooperation agreement to promote Islamic finance in the WAEMU sub-region. The goal is to help mobilize long-term resources of the Union Member states and private sector companies, especially SMEs. The agreement covers the cooperation, the exchange of information, the development of the regulatory framework in order to create an enabling environment for Islamic finance, and the sharing of experiences and expertise of both institutions in the agreed areas.