Kenya set to host International Islamic Finance Conference

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By Mbarak Abucheri:

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The inaugural International Islamic Finance Conference of Africa (IIFCA), is set to run from 25th to 26th January, 2016 at the Radisson Blu Hotel, in Nairobi.

The conference presented by the National Bank of Kenya (NBK) as the Title Sponsor, will bring together key policy makers, thought leaders and business leaders from Kenya and beyond to position Islamic finance as a catalyst for economic growth and development of African countries.

IIFCA will also feature discussions on developing robust capital markets under the Islamic financial model, where the Capital Markets Authority (CMA) also the Platinum Sponsor of the event, is expected to lead the deliberations that could signal changes in Kenya’s capital markets.

Other topics will include the role of Islamic financial institutions in promoting economic growth in Africa and the how the Islamic financial principles can help combat poverty and alleviate poverty in Africa.

High-level delegates are expected from the Government of Kenya’s National Treasury, Ministry of Foreign Affairs and International Trade and the Ministry of Industrialization & Enterprise Development, as well the Islamic Research & Training Institute (IRTI) of the Islamic Development Bank Group (IDB Group), the Capital Markets Authority (CMA), the Kenya National Chamber of Commerce and Industry (KNCCI), Standards & Poors Africa, among others

Among dignitaries expected to grace the event include Henry Rotich, CS, National Treasury, Kenya, Adan Mohamed, CS, Industrialization and Enterprise Development, Kenya, Hon. Dr. Aishath Muneeza, Deputy Minister for Finance, Republic of Maldives, Mr. Paul Muthaura, Ag. CEO, Capital Markets Authority (CMA), Kenya, Prof. Dr. Mohammed Azmi Omar – Director General of Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group (IDB Group), Mr. Ali Al Hashmi- Managing Partner, Global Advocates Dubai, UAE Delegates, African Business Lead.

 

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