Titlebook: Islamic Finance and Africa‘s Economic Resurgence; Promoting Diverse an Muhammad Al Bashir Muhammad Al Amine Book 2016 The Editor(s) (if app

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2662-5121 l inclusion.Highlights the immense potential of Africa’s inv.This book analyzes Africa‘s unprecedented economic growth, the state of its financial sector, and the varied opportunities for Islamic finance investors. It considers the role - potential and realized - of Islamic finance in fostering fina

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Introduction,or a number of years, the vast majority of Islamic finance presence in the continent is recent. What is interesting is that the first Islamic bank, the first Islamic insurance or . company, and the first Sharī’ah-compliant exchange traded fund (ETF) are all of African origin.

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Islamic Finance in Africa: Challenges Ahead,t any attempt to attract Islamic finance investment to develop the continent’s vast resources, its infrastructure, agriculture, and to meet the demands of a fast growing consumer sector, particularly their demands for inclusive financial services, is the issue of perception with its far-reaching implications.

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Book 2016ors. It considers the role - potential and realized - of Islamic finance in fostering financial inclusion in areas such as banking, microfinance, capital market development, insurance, and private equity business. The book stresses that investing in Africa through Islamic finance will open new marke

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Islamic Finance in Africa: Current Penetration,er 300 million people now classified as “middle class” (up 27 % from 2000), and with 60 % of the world’s arable land that has yet to be cultivated. It possesses approximately 10 % of the world’s oil reserves, 40 % of gold reserves, and 80–90 % of chromium and platinum group metals. Average inflation