About African Islamic Finance Summit

Africa is the world’s second largest and most popular continent after Asia. With 1.0 billion people, it accounts for about 14.72% of the world’s human population. According to the World Book Encyclopaedia, Islam is largest religion in Africa, followed by Christianity.

The region has significant potential as it is home to more than 413 million Muslims and the Islamic finance industry in Africa is rather untapped. Islamic banking and their products are likely to be most popular in the parts of Africa comprising the highest concentration of Muslims such as North Africa, large part of West Africa and down the eastern seaboard. Islamic banking is also expected to become attractive in countries with significant population of Muslim business persons. Moving forward, expansion of Islamic finance industry in Africa is expected to bring the favourable turns in trade progress and business interactions with the Middle East. Islamic banking and finance can potentially play a part in facilitating more trade opportunities between Africa, Middle East and rest of the world with the involvement of more global and Islamic banks of both regions.

Previous Event SPEAKERS

Our 6th African Islamic Finance Summit 2019 Speakers

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Mr. Zubair Mughal

Chief Executive Officer
AlHuda Centre of Islamic Banking and Economics Pakistan
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MR. HANY MOHAMED RAMADAN

Director, Banking & Finance Business Solutions International Turnkey System - Kuwait
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Hon. Dr. Ashatu K. Kijaji (MP) (Chief Guest)

Deputy Minister Ministry of Finance and Planning, Tanzania.
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MR. MUHSIN M. HUSSAIN

Managing Director, Tanzania Takaful, Tanzania.
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DR. MOHAMED SHAKEEL M SALYANI

Manager Product Development, Gulf African Bank Ltd - Kenya
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MR. SALUM AWADH

Chief Executive Officer, SSC Capital - Tanzania

Event Agenda

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Islamic Finance and Economic Diversification in Africa
The current developments of the Islamic finance in Uganda and Africa
Islamic Financial Institutions and their role in achieving sustainable economic growth
The role of Waqf in development
How Uganda can play a vital role for the development of Islamic banking and financial sector in Africa?
Contemporary Issues in Islamic Finance
Islamic Financial Engineering: Towards finding solutions for commercial investors and addressing social impacts
Takaful insurance and reinsurance
Legal Aspects of Sukuk and Mechanism of Conflicts Resolution
Sukuks and Governmental Developments for infrastructure
Governance of Islamic financial institutions
Islamic Finance and Financial Inclusion
How Islamic finance helps financial inclusion
Policy and strategy development for financial inclusion through Islamic banking
Financial inclusion and poverty alleviation
Current trends in Shariah compliant financial inclusion
Takaful (Islamic Insurance)
How Takaful industry can facilitate Islamic financial industry in Africa
Vastly growing trends of Takaful Industry in Africa
Takaful management system
Investment Opportunities in Africa and Uganda
Investment opportunities on Islamic banking and Takaful in Africa
Emerging trends of Islamic banking and finance in Africa
Creation of Shariah compliant investment avenues in Uganda
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Riba & Its Prohibition
What is Riba (Interest)? Prohibition of Riba in Islam.
Islamic Finance Industry
Introduction to Islamic Finance.
Overview of Islamic Financial Industry – Worldwide.
Islamic Finance in Worldwide (Potential and future prospects)
Shariah Perspective of Islamic Finance
Mode of Islamic Finance
Basic Rules & Kind of Bai (Trade) in Islamic Banking and Finance.
Murabahah
Mudarabah
Musharakah & Diminishing Musharakah
Ijarah (Islamic Lease)
Takaful (Islamic Insurance)
Introduction to Takaful
Structural & Operational details of Takaful,
Legal and regularity framework in Takaful.
Takaful Models
Technology
Blockchain and its introduction
Crypto Currencies
Islamic/Shariah FinTech as an Emerging Technology
Islamic FinTech- Features, Challenges & Potentials
Financial Inclusion, Islamic Finance & FinTech
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Travel Information

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Event Venue

Coming Soon - Kampala - Uganda Read More

About Visa

Easy ways to get Visa for African Islamic Finance Summit 8th – 9th June, 2020. Read More

ABOUT Uganda

Uganda, officially the Republic of Uganda is a landlocked country in East-Central Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile basin, and has a varied but generally a modified equatorial climate. Read More

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