EYEAFRICA TV: LAGOS, NIGERIA: Nigeria has been confirmed to host the 3rd Africa Islamic Finance Forum following a huge success of the forum’s first and second editions in 2016 which attracted over 420 delegates.
The 2018 event is scheduled to take place from 27-28 March at the Federal Palace Hotel, Lagos Nigeria to be hosted by the country’s Ministry of Finance in collaboration with the Islamic Corporation for the Development of the Private Sector (ICD).
This exclusive, invitation-only event is designed specifically for the benefit of local and international market players to explore development opportunities in Islamic finance in Africa – focusing on building the market and exploring the huge potential through inward investment and international collaboration.
With full government support and hosting some of the most influential decision-makers in the industry from countries including Nigeria, Somalia, Ivory Coast, Sudan, Kenya and beyond, the event will feature extensive discussions on investment opportunities in key African markets.
Nigeria and the wider African region are core areas for the development of Islamic finance with the large Muslim population and exceptional natural resources.
Specifically, given Nigeria’s status as a leading member of the Islamic Development Bank, the drive for investment into Nigeria and the important steps being taken towards economic recovery in Nigeria and through the region; the timing of the conference provides a much-needed platform for opening Islamic finance to Nigeria’s business communiy.
“The forum will serve as an excellent platform to meet senior decision-makers from African firms and development banks as well as leading bankers and corporates. Moreover, this forum is part of ICD’s long-term commitment to the economic development of Nigeria and our member countries,” Mohammed Al Ammari, acting chief executive officer General Manager of Islamic Corporation for the Development of the Private Sector said.
The Africa Islamic Finance Forum will also act as an unparalleled platform for networking opportunities as well as the centre stage to be at the very forefront of Africa’s flourishing Islamic finance sector.
Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization and a member of the Islamic Development Bank (IDB) Group (www.IsDB-pilot.org). The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments which are in accordance with the principles of Sharia’a.
ICD also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises. ICD is rated AA/F1+ by Fitch and Aa3/P1 by Moody’s.