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Nigeria: Shariah as a business driver in the Islamicfinancial ecosystem - Qitmeers

Nigeria: Shariah as a business driver in the Islamicfinancial ecosystem

The Nigerian Islamic finance industry is experiencing a significant growth trajectory, driven by government policy pushes and the issuance of Sukuk. As of late 2022, the industry was valued at approximately $2.9 billion, with Sukuk accounting for 57% of the market and Islamic banking following at 42%. Core Components of the Ecosystem The Islamic financial ecosystem in Nigeria relies on … Continue reading Nigeria: Shariah as a business driver in the Islamicfinancial ecosystem