Tanzania to Host Seventh African Islamic Banking and Finance Summit to Increase Industry Awareness 

The seventh African Islamic Banking and Finance Summit is to be held in Dar es-Salaam Tanzania on the 8th of July 2021, according to a media report. The Summit is being organised by the AlHuda Centre of Islamic Banking and Economics (CIBE).

Why it Matters?

Chief Executive Officer of AlHuda CIBE, M Zubair Mughal, observed that Islamic banking and finance is the most favourable approach to transforming the lives of those who live in poverty. The Summit's main goals include recognising significant developments in Islamic financial infrastructure, establishing links between the African Islamic finance industry and international financial markets, demonstrating the flexibility of Islamic financial markets during the recent financial crisis, sharing industr...