IslamicFinance.de

Markets across Africa now offer a world of exciting growth opportunities, with experts projecting that 7 out of the 10 fastest growing economies in the world will be in Africa. Djibouti is rapidly becoming an important hub for Islamic finance in Africa, with strong support coming from the President.
The Central Bank of Djibouti is leading the way in terms of driving the practical legal and regulatory framework. Djibouti's strong commitment to Islamic finance is further cemented by its drive to connect with memberships in important international industry organizations, such as the Islamic Financial Services Board and the General Council for Islamic Banks and Financial Institutions.

The two-day inaugural Islamic Banking Summit Africa (IBSA), which was held at at the Djibouti Palace Kempinski, Djibouti, focused on topics concerning 'capturing the Africa opportunity in Islamic finance'. More than 200 leading figures in the international Islamic banking and finance industry took part in the discussions. The event was officially supported by the Central Bank of Djibouti. The programme of the first day included keynotes from President of the Republic of Djibouti Ismail Omar Guelleh, and Governor of the Central Bank of Djibouti Djama M. Haid.

Over 200 leading figures in the international Islamic banking and finance industry took part in the inaugural Islamic Banking Summit Africa in Djibouti. They discussed various topics concerning capturing the Africa opportunity in Islamic finance. The two-day was held at the Djibouti Palace Kempinski and was officially supported by Central Bank of Djibouti. On the summit, it was pointed out that Africa was becoming an increasingly attractive destination for Sharia-compliant investments.