IFN Forum 2023 - Nigeria | REDmoney Events | 4 December 2023 | NGX Conference Centre, Lagos, Nigeria

Africa’s economic powerhouse, is undeniably the continent’s leader in Islamic finance. Housing a developed financial industry, the West African nation pioneered several Shariah compliant financial instruments, and has built an advanced and holistic regulatory infrastructure for Halal financial products across the banking, capital markets and non-banking finance space.

The government has been vocal in its intention to utilize non-interest products in its financial strategy, resulting in it being one of the most active Sukuk issuers in the region. Currently, the local population is being served by three fully-fledged Islamic banks, a couple of Islamic banking windows and a handful of Shariah microfinance institutions. The Islamic investment community is also growing from strength to strength with ambitious players and new products hitting the market.

With its 218 million-strong population and strong government backing, the potential for Islamic finance in Nigeria is immense, particularly in the project and infrastructure realm as well as in line with the government’s financial inclusion drive.

With the support of the Stock Exchange, is gathering national leaders and international experts in Lagos for a day to discuss the opportunities the industry can tap and how best Nigeria can reach its fullest potential to become Africa’s Islamic finance hub.

2023 Partners

• NGX Exchange

MULTILATERAL STRATEGIC PARTNERS:
• ICD
• ICIEC
• International Islamic Trade Finance Corporation
• Islamic Development Bank Group Business Forum

CONSULTANCY PARTNER:
• Redmoney Consulting