Islamic Finance: Ivory Coast to repay CFAF 15.438 billion in debt on December 28

The State of Côte d'Ivoire via its public treasury will proceed on December 28, 2020 to the payment of the half-yearly margin and the...

On the sidelines of the meetings of the Islamic Development Bank

The Annual General Meetings of the Islamic Development Bank (IDB) are held in Tunis from 1 to 5 April 2018. One thousand participants take...

Guinea: Islamic Bank launches financing for agricultural inputs

The Islamic Bank of Guinea (BIG) has just launched an Islamic finance product "Murabaha" to allow pineapple growers in the country to acquire fertilizers...

“Multilateral development banks will benefit from the growth of Islamic finance” (Moody’s)

Moody's Investors Service, the credit rating subsidiary of Moody's Corporation, announced in a recently released report that Sharia-compliant multilateral development banks (MDBs) will benefit...

Africa wins in growth of global sukuk market

With an expected 6% increase in 2019, Sukuk or Islamic bond issues around the world are expected to reach about $ 130 billion, up...

African Summit of Islamic Finance

Dar Es Salam hosts since Wednesday, April 18, the fifth edition of the African Summit of Islamic Finance. The conference, which will run until April...

West Africa wants to capture the market of 4000 million dollars of Islamic finance

Currently valued at 4000 billion dollars, the global market for Islamic finance arouses a strong desire of West African countries that weigh only 5%...

After Senegal, Coris Bank International opens its Islamic window in Benin

Coris Bank International Benin proceeded on Tuesday 05 June 2018 to launch its Islamic window, CBI Baraka at the Azalaï hotel, in the presence...

ISLAMIC FINANCE IN SENEGAL

Islamic finance covers all financial and commercial activities that respect the principles of Islamic law and jurisprudence, commonly known as Sharia or Islamic law....

International Islamic Trade Finance Corporation (ITFC) announces major trade initiatives at 2018 Rebranding Africa...

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced several major initiatives during a special event...

The Islamic Solidarity Fund for Development leads the way against poverty

The Islamic Solidarity Fund for Development (ISFD), the Abu Dhabi Fund for Development (ADFD), the Bill and Melinda Gates Foundation (KF), the King Salman...

Mali issues its first Sukuk to 150 billion F CFA

Mali has just launched its first bond in the form of sukuk (bonds compatible with sharia) called "SUKUK State of Mali 6,25% 2018-2025". The transaction...

Tunisia: Amen Bank Signs ICIEC Insurance Policy

Amen Bank and the Islamic Insurance and Export Credit Corporation (ICIEC) have signed an agreement for an insurance policy to cover US $ 50...

Soon an Islamic Finance Bank for UEMOA

The West African Economic and Monetary Union (UEMOA) will soon have its first Islamic bank, according to statements by the president and CEO of...
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