Islamic Finance Africa Third Forum

12/05/2013 - 13/05/2013

The number of both Islamic and non Islamic financial institutions offering Islamic financial products globally has risen sharply in the last years. Over 500 financial institutions offer Sharia-compliant products in over 80 countries, ranging from retail banks to investment banks and asset managers. It has been estimated that the Islamic Finance industry is worth about $1 trillion of assets and that it is likely to keep growing at a rate of 10-15% annually. With this in mind, this Forum will bring together African Ministers of Finance, Central Bank Governors, a range of Islamic and non-Islamic financial institutions from the continent and internationally, as well as African businesses willing to tap into Islamic finance opportunities. The aim of the event is to explore the state of the market and current opportunities within the sector, as well as to discuss the added value of Islamic Finance for private customers, businesses and governments in Africa. Islamic financial institutions and banks willing to offer Islamic financial services will meet regulators, financial and legal advisors to explore strategies and action plans to create a conducive environment for the expansion of the sector across the continent. The event will offer an unparalleled opportunity to meet and network with senior African government officials and Islamic financial institutions from Africa, Asia and the Middle East.

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