INVESTJIGAWA ATTENDS AREWA ISLAMIC FINANCE SUMMIT ISLAMIC FINANCE FOR REGIONAL PROSPERITY AND NATIONAL DEVELOPMENT.
On 27th November, 2024, InvestJigawa attended the Arewa Islamic Finance Summit held in Kano. With the theme “Finance for Regional Prosperity and National Development”, the event focused on the roles and contributions of Islamic finance towards economic empowerment, growth, prosperity and financial inclusion at the regional and national level, specifically in the northern part of Nigeria.
The summit identified one the major challenges for economic empowerment in the north as ignorance about Islamic finance and how well it operates. There was emphasis on partnering on models like SUKUK and WAQF, which would help build infrastructure, and interest free loans which would help MSMEs and other entrepreneurs boost their businesses. The summit also encouraged collaboration, awareness creation and mindset change.
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