LAHORE - The ‘3rd African Islamic Finance Summit’ was inaugurated in Dar-es-Salam, Tanzania Thursday. Delegates from different African countries participated in the summit. The theme of the two days summit is to explore the untapped potential of Islamic finance market of Africa and to adopt the latest trends, address the challenges and discover the new opportunities in Islamic finance industry of Africa.

On the occasion, Ali Hassan Mwinyi, retired president of Republic of Tanzania, appreciated AlHuda CIBE for its effort to promote Islamic banking in Tanzania and rest of Africa. He mentioned that Islamic banking and finance is good solution for banking and financial needs. Addressing the conference, speakers from Pakistan, UAE and various parts of Africa like Nigeria, Somaliland, Kenya, Zanzibar and Tanzania covered a variety of topics.

Addressing the audience, the organizer of 3rd African Islamic Finance Summit Muhammad Zubair Mughal, Chief Executive Officer, AlHuda CIBE - UAE said that Islamic finance is fastest growing area in African countries.

Alhuda Centre of Islamic Banking and Economics (CIBE) is committed to providing specialized training, advisory and research globally with commitment, dedication, and aspiration in Africa.