Islamic Finance: Opportunities for Growth in Nigeria's Non-Interest Capital Market
Islamic Finance provides immense opportunities to deepen the capital market, boost liquidity, stimulate financial inclusion, enable product development and serve as a viable alternative source of finance.
Nigeria with a population of over 200m people that are 50% Muslims, has been described as a potential strategic hub for Islamic Finance in Africa.
The Securities and Exchange Commission in Nigeria is resolute on its agenda of developing a vibrant Non-Interest Capital Market.
This edition of the Islamic Finance Weekly features a recent presentation by the Head of Department, Securities and Investment Services, SEC Nigeria, Mr. Abdulkadir Abbas. He provided insight into "How SEC Nigeria Is Developing a Robust and Vibrant Non-Interest Finance Market".