Islamic Finance

Image 5

What is Islamic Finance and why is it important?

  • Islamic finance refers to how businesses and individuals raise capital in accordance with Sharia, or Islamic law. It also refers to the types of investments that are permissible under this form of law.
  • Islamic finance can be seen as a unique form of socially responsible investment and has a market value of about $2.1 trillion USD
  • Opportunities for innovations in this sector is of relevance since 53% of the population on the African continent are muslims
  • Read more about Islamic Finance below in our mapping studies covering Kenya, Ethiopia and Somalia. You can also watch our validation workshops below covering Islamic Finance

Pangea Trust and Islamic Finance

Read the Diaspora Mapping Study

Our investment platform Pangea Connect will soon be sharia approved

From 10th of May the Pangea Connect will be sharia approved and we look forward to developing this journey further.

MAPPING REPORT

Validation workshops

As part of launching Pangea’s mapping report for the diaspora we organized a validation workshop for Kenya, Ethiopia and Somalia. The validation workshops included key stakeholders from each country to discuss the findings of the diaspora report. The report also discusses the perspective of islamic finance in each country with an emphasis on opportunities and challenges.