Increasing the Potential of Islamic Finance in Africa CNBC Africa discussed the growth potential of Islamic Finance in Africa. Samira Mensah, Associate Director for Financial Institutions Ratings at Standard and Poor’s and Ameen Hassen, Head of Shari’ah Banking at Standard Bank participated in a discussion which highlighted the growth space for Islamic finance in Africa. Demand within ... »

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. »

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. »

Often overlooked within Islamic finance is the establishment of national interest free banking systems in Iran and Sudan as well as in Pakistan. »