Stakeholders in Nigeria’s Islamic Finance Industry Say Ethical Investments Crucial for Economic Recovery and Development  

Stakeholders in Nigeria’s Islamic Finance Industry Say Ethical Investments Crucial for Economic Recovery and Development  

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At the third edition of the Islamic Finance News Nigeria roadshow, organised by the Nigerian Exchange (NGX), stakeholders in the Islamic finance industry highlighted the importance of ethical investments in the path to economic recovery and development.

Why it Matters?

Chief Executive Officer of NGX, Temi Popoola, said that the Islamic finance market in Nigeria was seeing continual growth on the back of heightened interest from market participants and a rising number of players, including two Islamic banks. He elaborated that consequent to the severe effects of COVID-19 on economies around the world, the Islamic finance industry has played a key role in recovery. Country Sales Specialist Senegal, Islamic Corporation for the Insurance of Investment an...