Dakar - There is an ample scope of Islamic banking and finance in western African region and Senegal can play a vital role in elevating it through the countries. It was spoken by Muhammad Zubair Mughal, Chief Executive Officer AlHuda Centre of Islamic Banking and Economics (CIBE) while attending an international on Takaful that was held at Dakar Senegal. Delegates from Senegal, Mali, Ivory Coast, Mauritania, Guinea and other neighboring countries of western Africa participated in the stated seminar.
Mr. Mughal added that AlHuda CIBE has chalked down a robust strategy to promote Islamic banking and finance in West African countries so that the fruits of shariah compliance could reach to the region. It is how these countries can start progressing towards development and come out of the box of under development. He announced a special wing for French speaking countries that will be situated in Dubai. It is how shariah compliance could reach to French people and they could take maximum benefit out of it and Islamic banking and finance could also reach to its sublime a as a good number of Muslim population lives in French speaking countries. He made announcement that AlHuda CIBE with its strategic partner AAMAS Africa will organize an international conference on Islamic banking and finance in Dakar by December 2015.---
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