Download 2016 Post Event Report Past Event Highlights
6 th April 2017
Sheraton Kampala Hotel, Uganda
Sub Saharan Africa: Islamic Finance Convention
Africa's New Momentum
Lawrence K. Kiiza, Director-Economic Affairs, Ministry of Finance, Planning and Economic Development
Fabian Kasi, Chairman, Uganda Bankers Association
Gideon Badagawa, Executive Director, Private Sector Foundation Uganda
UGANDA - A NEW FRONTIER OF OPPORTUNITY
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Sub-Saharan Africa Islamic Finance Convention 2017
ISLAMIC FINANCE: THE SUB-SAHARAN AFRICA OPPORTUNITY

As the global business environment adapts to the new normal of Brexit, the Trump presidency and the implications of a post-oil economy, Sub‐Saharan Africa continues to be an increasingly important component of global growth.

In particular, the expansion of Islamic finance in the region is providing new growth opportunities and propelling faster trade and economic growth in Sub‐Saharan Africa. Against this dynamic backdrop Ethico Live! in collaboration with ABL Dunamis are delighted to announce the second annual edition of the Sub‐Saharan Africa Islamic Finance Convention to be held in Uganda at the Sheraton Kampala Hotel on the 6th of April 2017.

The purpose of the Sub-Saharan Africa Islamic Finance Convention is to build on the gathering’s position as a strong platform for the growth of the industry that will not only help to establish Uganda as an exciting investment destination but also enable the development of the broader Sub-Saharan market. The inaugural Islamic Finance Convention in Uganda in 2016 was met with a very positive response as more than 200 industry players from over 70 international organizations and more than 25 international speakers deliberated outcomes that focused on Africa’s New Momentum. The event was attended by several high-level delegations from the Ministry of Finance in Uganda, Bank of Uganda, the Private Sector Foundation, and the Islamic Chamber of Commerce and Industry in Uganda, as well as major private sector financial institutions from across Africa and internationally.

1
Day
25+
Speakers
3
Keynote Addresses
200+
Attendees

Full Schedule

Convention Agenda

Speakers


Keynote Speakers
H.E. Hon. Maria Kiwanuka
Senior Adviser, Finance

Office of the President of Uganda

Paul Bwiso
Chief Executive Officer

Uganda Securities Exchange

Ibrahim Rashid Jaffar
Chief Executive Officer

East Africa Bank


Other Confirmed Speakers
speaker-4
Abubaker B. Mayanja
Managing Director

ABL Dunamis Ltd

speaker-4
Shk. Issa Lukwago
Managing Director

Midsoc Finance & Investment House

Saidu Babayo
Head Non-Interest Banking

Stanbic IBTC

Pius Muchiri
Managing Director

Nabo Capital

Dr. Ismail Ali
Director, Sales Channels

ITS Group

Xuan Jin
Associate, Dubai

White & Case

Saad Rahman
Managing Partner

Amani Partners

Lujja Sulaiman
Islamic Banking Committee

Tropical Bank Limited

Muhammad Ashfaq
Chief Executive Officer

Amanah Institute of Islamic Finance and Economics

Sponsors 2017

Islamic Banking Solutions Partner
Corporate Exhibitors
WHY SPONSOR?
The Sub-Saharan Africa:Islamic Finance Convention is an innovative and exciting new platform that will bring together industry leaders to explore a fresh vision for the industry.
To become a Partner at this International Gathering of Islamic Finance Leaders, please contact
Sophie - E: sophiemclean@ethicolive.com, T: +91 124 418 2794 M: +91 9971341836

PARTICIPATION OPPORTUNITIES

Take advantage of our special delegate rates

Full Rate
(Valid from 21st Feb onwards)

USD750

For group registration(3pax or more) please contact:
CONVENING THE CONVERSATION: NEW INSIGHTS, NEW IDEAS

Combining a highly innovative and interactive conference format with world-class speakers and more than 200 international delegates, the Sub-Saharan Africa Islamic Finance Convention 2016 will tackle the most pressing questions for the progress of Islamic banking across the dynamic markets in this region.

  • Africa: New Momentum, New Opportunities
  • Strengthening the Regulatory Infrastructure in Sub-Saharan Africa
  • New Realities: Assessing the Challenges and Opportunities Facing Islamic Finance in Sub-Saharan Africa
  • New Insights, New Ideas: Boosting Trade & Investment Flows
  • New Growth Drivers in Islamic Finance: Innovation, Technology and Financial Inclusion in Sub-Saharan Africa
  • Opportunities for Islamic Finance in a New Frontier
  • Setting the Standards: Adapting International Models to the Requirements of Africa
  • Understanding Consumer Preferences and Needs in Africa and Adapting Islamic Banking Products
  • Islamic Microfinance in Sub-Saharan Africa

Insights from Our Speakers at SSAIFC 2016

Fabian Kasi
Fabian Kasi
Chairman
Uganda Bankers Association

“The financial sector has been growing rapidly in select Sub-Saharan African countries recently. The introduction of a variety of new products and financial institutions are playing an imperative role in financial intermediation, including cross-border financial flows. Islamic finance is increasingly becoming an integral part of the country’s financial sector, and its impact on the competitive landscape is already being felt in some ways. Besides the prospect of growing retail banking in the country, Islamic financing vehicles are also well placed to fund a larger share of infrastructure development projects in the future. The Sub-Saharan Africa Islamic Finance Convention gives us an important opportunity to listen to and network with a growing community, while laying further emphasis on addressing what challenges lie ahead for the banking and finance community across Africa”.

 

Jaafar Abdulkadir
Jaafar Abdulkadir
Head of Islamic Banking
KCB Bank Group

“As home to an increasing Muslim demographic, the impact on demand for Islamic finance in Africa will be sizable. Inadequate access to funds is a major developmental constraint for Africa and many SMEs, entities and entrepreneurs remain outside the mainstream banking system. Islamic finance has the potential to be a catalyst for financial inclusion across Africa and can become an important source of capital for small companies and individuals. Africa’s challenges, including infrastructure financing and the need for wider access to financial services, also provide an opportunity for the Islamic finance industry to grow. KCB Group recently unveiled its Islamic banking unit in a move aimed at tapping into the growing demand for Islamic financial products, especially across the East African region. While the launch paves the way for the full roll-out of Sharia’h compliant products, the Islamic finance industry still needs to create an enabling environment and economies of scale and the Sub-Saharan Africa Islamic Finance Convention presents the kind of international platform where GCC and international players can engage the African market to forge new business relationships and stimulate economic growth of the region and the entire continent”.

 

Jaafar Abdulkadir
Abubaker B. Mayanja
Managing Director
ABL Dunamis Ltd

“Since the Parliament in Uganda has finally approved Islamic banking, we can expect an increase in investment from leading Islamic banks that provide commercial services free from interest (Riba in Arabic) and compliant with the religious tenets of Islam. Uganda is a somewhat late arrival to the Islamic finance eco-system within East Africa, but the country does possess the key advantage of Islamic Development Bank (IDB) membership. This can provide the impetus that will enable Uganda to become a hub for Islamic banking by attracting institutional technical support and long-term capital from IDB, which will give the country an edge over non-member countries that have previously created the legal framework for Islamic banking in the region. A small open economy must attract new investment and expand exports to grow. Uganda needs capital for public and private projects. Islamic banking will generate new investments that will attract job creating foreign direct investment. Foreign capital will ease a large and growing current account deficit, and directly expand financing and growth of exports by investing long-term and facilitating export trade. I anticipate an increase in capital inflows of $600m over the medium term; driven first by international banks that already include Islamic banking products in their offering elsewhere. They enjoy the advantage of experienced expert knowledge. These products will be introduced with special capital, as conventional deposits cannot be used given their interest bearing nature. The second wave will come from regional players that are already in the East African and broader Sub-Saharan markets. The third wave will come from the traditional Middle East players that possess substantial capital and knowledge but are experiencing a slowdown in business in their traditional markets in the Middle East. The fourth wave will be an expansion of the Islamic finance system; insurance (Takaful), capital markets – sukuk bonds and funds, pension management, leasing (Ijara), mortgages and investment banking. The Sub-Saharan Africa Islamic Finance Convention will create a strong platform for the growth of the industry that will not only help to establish Uganda as an exciting investment destination but also attract the support and enable the development of the broader Sub-Saharan market.”

Our Media Partners

 
SUB - SAHARAN AFRICA ISLAMIC FINANCE CONVENTION
Leadership Team
  • Ethico Live International
    #1145, Block B2, Spaze i-Tech Park
    Sohna Road, Sector 49, Gurgaon,
    Haryana - 122018
    India
  • For more information, please email
  • sophiemclean@ethicolive.com
  • +91 124 418 2794/95

Location