Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Islamic Finance and Africa's Economic Resurgence: Promoting Diverse and Localized Investment

Islamic Finance and Africa's Economic Resurgence: Promoting Diverse and Localized Investment

Muhammad Al Amine, Muhammad Al Bashir

Hardcover

Series: Palgrave Studies in Islamic Banking, Finance, and Economics

EconomicsInvesting & Finance

ISBN10: 3319288342
ISBN13: 9783319288345
Publisher: Palgrave MacMillan
Published: Jun 17 2016
Pages: 384
Weight: 1.35
Height: 1.00 Width: 5.90 Depth: 8.40
Language: English

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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