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International Islamic Banking forum successfully concluded in Ethiopia

International Islamic Banking forum successfully concluded in Ethiopia

The 5th International Interest-Free Banking & Takaful Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE), successfully took place from August 20th to 21st, 2024, in Addis Ababa, Ethiopia.

The event brought together an array of industry leaders, scholars, and practitioners from across Africa and beyond to discuss and explore the burgeoning potential of Islamic finance in the African continent.

This monumental occasion was made possible through the collaborative efforts of esteemed sponsors Ethiopian Insurance Corporation, Dahabshil Bank International, Shabelle Bank, MYTM, ZamZam Bank and Global Insurance Co. S.C.

The event was supported by numerous partners, including the Somaliland Banker’s Association, Islamic Finance Research Institute-Ghana, AL BARAKAH Multi-Purpose Cooperative Society Limited, Azerbaijan Fintech Association, and Africa Fintech Network. Media partners included Adsolute Communications Plc, IFING-MEDIA, Mesofinance Monthly, and Financial IT. Ethiopian Airlines served as the event’s official partner airline.

The Forum aimed to facilitate a dynamic exchange of ideas and promote the growth of Interest-Free finance in Africa, a region poised to become a new frontier for Islamic banking and Takaful.

The event featured in-depth discussions on critical topics such as the regulatory landscape of Islamic finance in Africa, investment opportunities in Interest-Free banking, the role of Takaful in financial inclusion, and the impact of Islamic fintech innovations on the African market.

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