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Follow on Google News | African & Central Asian Roadshow on Islamic Banking & FinanceAlHuda (CIBE) vows to initiate an African & Central Asian Roadshow on Islamic Banking & Finance
By: Alhuda Centre of Islamic Banking & Economics While talking about African & Central Asian road show, he further indicates that how this roadshow can be beneficial and helpful in promotion of Islamic Finance in both regions. Many new Islamic Finance markets are seen to be emerging on the horizon in the world. If we see on the regional basis, in East Africa, we find that Uganda has recently passed an Islamic Financial bill through Parliament. Islamic banking & Finance in Kenya and Tanzania is already flourishing very well. Morocco & Tunisia are emerging markets in North Africa while Nigeria, Senegal, Mauritania, Ivory Cost in West Africa has an organized system of Islamic Finance while Sukuk is also strengthening its roots in these regions. As far as Central Asia is concerned, this year will prove to be a better year with respect to the previous year. The main reason is the increasing tendency of Russia towards Islamic Banking & Finance; the countries in central Asia are closer to Russia in Banking & Finance despite its having been separated from USSR. He further added saying that besides the promotion of Islamic Banking and Finance, the purpose of the road show is also to acknowledge the need of giving hype to the system beyond any political and religious refrains. Specialized training workshops on various relevant topics will also be part of this two nation's roadshow like Takaful workshop in Kazakhstan, Islamic banking and finance workshop in Tajikistan, Islamic Microfinance in Nigeria, Islamic Agricole and Rural Finance in Kenya, Takaful workshop in Mauritius. The core objective of the entire program is to strengthen the foundations of Islamic banking and finance in African & Central Asian region further to give support to the progress of Islamic mode of banking and finance in the region. About AlHuda (CIBE) AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research, advisory and capacity building over the last twelve years. The prime goal has always been to remain stick to the commitments and provide state-of-the- We are dedicated to serving the community as a unique institution providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 35 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: www.alhudacibe.com End
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