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The Growth Of Islamic Finance In West Africa

Summary by Africa.com
Islamic finance, a system rooted in Sharia law, has seen significant growth in West Africa, as its principles provide an alternative to conventional financial systems. This system, which avoids interest and promotes risk-sharing, has resonated with people globally and West Africa is increasingly embracing this finance model.  In recent years, there has been a surge […]
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Islamic finance: West Africa relies on sukuks and participatory instruments to support its development

By Pope Ndiouga DIOP, Consultant at the African Institute of Islamic Finance. The 10th International Forum on Islamic Finance in West Africa (IFF West Africa 2025) will be held on 23 and 24 June 2025 at the King Fahd Palace in Dakar. In a context of increased pressure on sovereign debt and saturation of balance sheets [...]

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Africa.comAfrica.com

The Growth Of Islamic Finance In West Africa

Islamic finance, a system rooted in Sharia law, has seen significant growth in West Africa, as its principles provide an alternative to conventional financial systems. This system, which avoids interest and promotes risk-sharing, has resonated with people globally and West Africa is increasingly embracing this finance model.  In recent years, there has been a surge […]

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Africa.com broke the news in on Saturday, April 19, 2025.
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