Fitch Projects Growth in Nigeria’s Non-Interest Finance, Sukuk Issuance Through 2026 Despite Market Hurdles

Fitch projects growth in Nigeria’s non-interest finance, Sukuk issuance through 2026 despite market hurdles

Nigeria’s Islamic finance industry is likely to expand from the second half of 2025 through 2026 on the back of increasing sovereign sukuk issuances and Islamic banking assets, driven by new paid-in capital requirements and regulatory moves to develop the industry, Fitch Ratings says.  The post Fitch projects growth in Nigeria’s non-interest finance, Sukuk issuance through 2026 despite market hurdles appeared first on Nairametrics.

Nigeria’s Islamic finance to expand on capital reforms, liquidity measures – Businessamlive

Onome Amuge Nigeria’s Islamic finance sector is set for a notable expansion from the latter half of 2025 through 2026, driven by an increase in sovereign sukuk issuances and a surge in Islamic banking assets. This optimistic outlook comes from Fitch Ratings, following recent regulatory enhancements and the introduction of new liquidity tools by the Central Bank of Nigeria (CBN). In its latest non-rating action commentary, Fitch projected that th…