Sukuk remains a major source of funding for addressing Nigeria's infrastructure deficit and supporting its socio-economic development.
Globally, Sukuk has served as a means of financing projects, thereby aiding the country's development.
This edition of the Islamic Finance Weekly anchored by Bukola Akinyele-Yisau features Mr. Maruf Onike Abdul-Azeez, Chief Missioner of Nasrul-Lahi -il Fatih society of Nigeria, NASFAT.
He speaks on"How Sukuk can be leveraged to facilitate development in Nigeria"
According to him, Nigeria needs to embrace Sukuk due to the fact that the country's population is increasing yearly and over stretching the facilities on ground already.
He believed that Sukuk remained one of the best options for infrastructure financing, because it has the advantage of a diversified investment with a low risk profile.
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1. Islamic Finance and the Development of Nigeria's Debt Market - Adaze Uzor-Kalu
2. Islamic Finance: Opportunities for Growth in Nigeria's Non-Interest Capital Market
3. Islamic Finance Weekly: Halal Investments - The Wins, Gaps and Capital Sweet Spots
4. Prospects for the Growth of Islamic Fintech Industry In Nigeria
5. The Role of Non-Interest Finance in Closing Nigeria's Financial Inclusion Gap
6. Why Nigeria Needs Islamic Venture Capital Firms