Banking
July 02, 2021
The Role of Non-Interest Finance in Closing Nigeria's Financial Inclusion Gap
 

Financial Inclusion is a tool for driving inclusive economic growth, reducing inequality, eliminating systemic poverty, and improving communal welfare.


The evolution of the Non-Interest Finance market and its offerings has provided immense opportunities for deepening financial inclusion in unbanked regions of the globe, that are densely populated.


The EFINA 2020 report showed that 51% of Nigerian Adults are using formal financial services. Which means there are 49% remaining to be captured.


This edition of the Islamic Finance Weekly anchored by Bukola Akinyele-Yisau features  Mr. Abdur-Rasheed Babalola, Head Takaful Advisory at Kord Capital Limited.


He speaks on leveraging non-interest finance to address the financial inclusion gap in the country

Watch Video Courtesy WebTV


Related News

Islamic Fintechs Should Adopt Simple and Affordable Products - Abdur-Rasheed Babalola 


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1.     Leveraging Takaful To Support The Growth Of Nigeria's Insurance Industry - Thaibat Adeniran 

2.    Agric, Housing & Tech, Key Areas Non-Interest Finance Can Support In Nigeria-Basheer Oshodi 

3.    Islamic Finance and Women Empowerment - Iram Zaidi 

4.    Islamic Finance: Adoption of Micro-Takaful Will Support Nigeria's Social Intervention Programme - Raheem Musa 

5.    Ways Islamic Fintech Can be Used to Reduce Poverty & Unemployment in Nigeria - AbdulMajeed Muhammad

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