NGX Leads Africa's Islamic Finance Advancement at AICIF Conference

The Nigerian Exchange Group (NGX) (NGX: NGXGROUP) is leading the advancement of Africa's Islamic finance ecosystem by expanding its non-interest financial board activities and engaging in the 7th African International Conference on Islamic Finance in Lagos. Alhaji Dr. Umaru Kwairanga highlighted NGX's efforts to broaden market participation in Sharia-compliant financial instruments, including Sukuk and Islamic collective investment schemes.

Mr. Jude Chiemeka emphasized the role of non-interest finance in driving sustainable economic transformation and market inclusivity. The collaboration with regulatory bodies like SEC and NAICOM aims to strengthen governance frameworks and attract a broader base of ethical investors.