EAN: 9783319288345

ISLAMIC FINANCE AND AFRICAS ECONOMIC RESURGENCE...

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 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 markets  ensure higher
profit margins  diversify risk  and create business competition  and that these changes that
will provide financial products that can satisfying the desires and beliefs of all consumers
and unlock the real potential of the continent's financial system. The book also looks into the
rise of international interest in Africa and concludes by scrutinizing the challenges impeding
further economic growth  as well as the specific barriers that need to be addressed in order to
promote the implementation of Islamic finance. Investors  policymakers  and academics ready to
confront these challenges will find much of value in this book.

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