FIFTH AFRICAN ISLAMIC FINANCE SUMMIT TO BE HELD IN DA-ES-SALAAM

DAR-ES-SALAAM– The 5th African Islamic Finance Summit, organized by AlHuda Centre of Islamic Banking and Economics (CIBE) here, will be held in Dar es Salaam next week, says CIBE Chief Executive Officer Zubair Mughal.

The event will focus on the improvement of the socio-economic conditions of the rural and urban areas of the country and will be followed by post-event workshops on Islamic insurance and Islamic microfinance. More than 15 international speakers will contribute to the topics of discussion.

Representatives from the banking and financial industry will participate in the conference to gain ample knowledge of the Islamic financial sector and solutions to the escalating problems of the society. Participants include high profile representatives from 20 countries, Mughal said.

He added that today 54 per cent of Tanzanians are financially included, mainly through mobile money accounts. Tanzania has a large rural population, which makes access to financial services a challenge and digital solutions ideal.

Source: NAM NEWS NETWORK