The growing potential in Africa is expected to create more opportunities for Islamic finance, in light of its robust economic prospects and rising consumer base. As Islamic financial industry continued to experience growth, there is a dire need in highly skilled and talented human capital workforce that can drive the future developments and innovations of the industry. »

In an amendment to Tax laws, the South African government is looking to its listed corporates to build off its sovereign Sukuk issuance last year with expanded inclusion of finance instruments based on Islamic principles within the tax regime. »

Africa remains a region with relatively untapped potential. The continent is home to more than 1 billion people, and an important source of several key commodities. »