Islamic Finance in Sub-Saharan Africa : Status and Prospects /

Islamic finance is a fast growing activity in world markets. This paper provides a survey on Islamic Finance in SSA. Ongoing activities include Islamic banking, sukuk issuances (to finance infrastructure projects), Takaful (insurance), and microfinance. While not yet significant in most Sub-Saharan...

Full description

Bibliographic Details
Main Author: Gelbard, Enrique
Other Authors: Hussain, Mumtaz, Maino, Rodolfo, Mu, Yibin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/149
Subjects:
Online Access:Full text available on IMF