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Senegal harbors high hopes to be Africa’s Islamic Finance Hub

Being the first country in the region to raise an Islamic bond when it issued a $168 million sukuk in mid-2014, Senegal feels it is well-placed to become the hub for Islamic Finance in Africa. A number of other countries are looking to develop a sharia-compliant sector of the market in a bid to attract investment from the Gulf States.

Read more at The Africa Report…

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