Banking
January 07, 2022
2022: Non-Interest Finance Market and Nigeria's Sustained Economic Recovery
The Omicron Variant towards the close of 2021, has brought new concerns of disruptions to the global market. It marked a crucial period for Africa's largest economy after the adverse effects of the pandemic, as it required a speedy economic recovery. 

Despite global economic uncertainties, the Islamic Finance industry continues to attract new players creating more value and supporting economic stability. 

According to the Islamic finance development report 2021, the global Islamic finance industry will continue its growth trajectory with an estimated total global asset of $4.95trn by 2025 and average growth of 8% in the next five years. 

Nigeria, Africa's frontier economy is currently touted as the potential hub for Islamic Finance on the continent and can strengthen its fragile economy. 

This edition of Islamic Finance Weekly anchored by Bukola Akinyele-Yisau features Ndako Mijindadi, Head, Investments & Research, Lotus Capital Limited. 

He speaks on "Non-Interest Finance Market and Nigeria's Sustained Economic Recovery in 2022". According to him, the Islamic finance market is on a successful trajectory and has evolved into key segments of the economy.


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Album: THE INSTITUTE OF ISLAMIC FINANCE PROFESSIONALS ANNUAL STAKEHOLDERS CONFERENCE.
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