Breaking down Sukuk Bond
By Abdulfattah Abdussalam A sukuk is an Islamic financial certificate, similar to a bond in Western finance, which complies with Sharia. In common usage outside Arabic-speaking countries, the word “sukuk” … Read More
Category: Finance
TAJBank Set to Launch N20bn Mudarabah Sukuk, Eyes N100bn Issuance
By Abdullahi Yusuf TAJBank, Nigeria’s leading non-interest bank, is set to launch a N20 billion Mudarabah Sukuk bond as part of its N100 billion Sukuk programme, aimed at strengthening its … Read More
Islamic Financial Expert Suggests Islamic Financing To End Nigeria’s Financial Exclusion
By AjayiSodiq Prof. Abdur-Razzaq Abdul-Majeed Alaro, a specialist in Islamic banking and finance law, believes that expansion financing could help Nigeria and Africa address the issue of financial exclusion among … Read More
Top 10 Wealthiest Muslims In The World
By Khadijat Aroyehun Money cannot see religion, as is commonly said. Justifiably so, as there are extremely wealthy individuals of all religions. Islam is the second most popular religion in … Read More
Reason why we are embracing Islamic finance, FG
By Mudathir Ishaq The Federal Government of Nigeria, through the Minister of Finance Coordinating Minister for the Economy, Wale Edun, has explained the reasons behind it’s embracing of Islamic finance. … Read More