Islamic Finance and Africa's Economic Resurgence

Promoting Diverse and Localized Investment

  • Muhammad Al Bashir Muhammad Al Amine

Table of contents

  1. Front Matter
    Pages i-xv
  2. Muhammad Al Bashir Muhammad Al Amine
    Pages 1-26
  3. Muhammad Al Bashir Muhammad Al Amine
    Pages 27-51
  4. Muhammad Al Bashir Muhammad Al Amine
    Pages 53-120
  5. Muhammad Al Bashir Muhammad Al Amine
    Pages 121-161
  6. Muhammad Al Bashir Muhammad Al Amine
    Pages 163-195
  7. Muhammad Al Bashir Muhammad Al Amine
    Pages 197-244
  8. Muhammad Al Bashir Muhammad Al Amine
    Pages 245-286
  9. Muhammad Al Bashir Muhammad Al Amine
    Pages 287-339
  10. Muhammad Al Bashir Muhammad Al Amine
    Pages 341-349
  11. Back Matter
    Pages 351-384

About this book

Introduction

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.

Keywords

Islamic finance African finance local investment diversification economic growth

Authors and affiliations

  • Muhammad Al Bashir Muhammad Al Amine
    • 1
  1. 1.Bank AlkhairBusaiteen- MuharraqBahrain

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-28835-2
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2016
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-28834-5
  • Online ISBN 978-3-319-28835-2
  • About this book