WELCOME TO OUR WEBSITE A PRODUCT OF ALHUDA CIBE
 
 
Bookmark and Share
FOLLOW US:        
 
 
Sukuk News
 
AlHuda CIBE Sign agreement with Islamic Chamber of Commerce (ICCIAU) to promote Islamic Banking in Uganda
(Uganda - 25th May, 2015)
Mr. Ahmed Abdallah , the Country Head, AlHuda CIBE, Uganda singing MoU with Islamic Chamber of Commerce Uganda at Kampala for the Development of Islamic Banking and Finance in East African CountriesIslamic banking has already taken off globally, and Islamic banking and finance is projected to exceed $2.2 trillion of assets by the end of 2015 as the industry extends its reach not only in Muslim Countries but globally as well. Uganda is positioning its self to be the East African leader in Islamic Finance; Uganda is trying to play a pivotal role for the development of Islamic Finance in the region and number of financial institutions and organizations committed to the development of Islamic finance.

The Memorandum of Understanding was signed with the legal Chamber of ICCIAU at Communications House Kampala yesterday. On behalf of AlHuda CIBE Uganda, Mr. Ahmed Abdallah the country head of AlHuda CIBE and Mr. Asuman Mukiibi Serunjogi, the President of Islamic Chamber of Commerce, Uganda signed the agreement to promote Islamic and finance in Uganda. Under the terms of the agreement, AlHuda CIBE shall provide consultancy, advisory, training and capacity building, Shariah advisory, distance learning programs and to procure the projects that require the services of AlHuda CIBE.

Commenting on the MoU, Mr. Ahmed Abdallah said; ”We are delighted to announce this partnership that will provide a significant boost to the development of Islamic finance sector not just in Uganda but to all OIC member countries and beyond. Uganda currently, soon embracing the introduction of Islamic banking and finance activities as the bill is tabled in the parliament. Uganda is already a home to a number of independent Organizations and financial institutions all committed to the development of the sector. AlHuda CIBE's expertise in Islamic finance has enabled the centre to boast as one of the most highly advisory services in the global Islamic finance industry. As a result of this agreement, it will further reinforce Uganda's status at gearing for the growth of financial and knowledge hub for the Islamic finance Industry in the East African Region".

Muhammad Zubair Mughal, the Chief Executive Officer , AlHuda Center of Islamic Banking and Economics congratulate AlHuda CIBE Uganda’s team for advancing in East African countries for the development of Islamic Finance and Banking, he said, this agreement will leads many new avenues for Islamic Banking and Finance in the region as Uganda have big potential to attract foreign Direct Investment ( FDI ) for Islamic Banking and Finance which will not only strengthened the Islamic banking Finance industry but also boost the economic activities in the country through new employment generation, improvement of business standards and development different Islamic financial instruments etc. He also said Sukuk can play a pivotal role in Government infrastructural and development sector meanwhile Islamic Microfinance can be utilize for poverty alleviation and social development in the country.
 
Sukuk News
  • Apex Islamic Micro Finance leaders gathered at GIMF in Malaysia. more..

  • AlHuda CIBE has long term vision for East African Islamic Finance Market. more..

  • 5th Global Islamic Microfinance Forum will be held in Malaysia more..

  • Islamic Finance is an Ideal tool of Financial Inclusion more..

  • Funding Sources for Islamic Microfinance Institutions more..

  • West Africa an Emerging Market of Islamic Finance: Zubair Mughal more..

  • AlHuda CIBE Sign agreement with Islamic Chamber of Commerce (ICCIAU) to promote Islamic Banking in Uganda more..

  • Islamic Finance is emerging as an alternative source of financial sustainability in Europe more..

  • Halal Research Council will provide services to promote Halal Industry in Nigeria. more..

  • Pakistan would be the Halal Hub of future: Zubair Mughal more..

  • Takaful perceived as having significant potential in Tanzania. more..

  • Islamic Banking and Finance has progressive outlook in 2015 more..

  • AlHuda CIBE set to enter into Uganda Market more..

  • Japan can get better financial positioning in Int'l market through Islamic Finance more..

  • 4th Global Islamic Microfinance Forum Came to an End in Dubai more..

  • Global Islamic Microfinance Forum Ready to Set New Standards more..

  • Islamic Microfinance is an effective tool of Financial Inclusion more..

  • Tanzania has Big Potential for Islamic Finance: Muhammad Zubair Mughal more..

  • A New Initiative for the Development of Islamic Microfinance more..

  • Global Islamic Microfinance Forum to be organized in Dubai more..

  • Al Huda CIBE extending its services to the USA market more..

  • AlHuda CIBE Eyes African Islamic Finance Market more..

  • Pakistan and Sudan Leading in Islamic Microfinance Industry more..

  • MoU signed to promote Islamic finance in France. more..

  • SESRIC- OIC and AlHuda CIBE sign MoU more..

  • Poverty in Europe can be reduced by Islamic Microfinance more..

  • Poverty in Muslim World is Rapidly Increasing: Zubair Mughal more..

  • AlHuda CIBE will Organize African Islamic Banking and Finance Road Show more..

  • Arab countries can alleviate poverty through Islamic microfinance more..

  • 2014 will be promising for Islamic Finance Industry more..

  • Tunisia has big potential for Islamic Finance: Zubair Mughal more..

  • A New Venture Established to Strengthen Islamic Finance in France and USA more..

  • Islamic Microfinance should be Introduced Internationally: Dr. Fatima Al-Blooshi
    Three days 3rd Global Islamic Microfinance Forum ended in Dubai more..

  • The Global Islamic Microfinance Forum Ready to Set New Standards
    The Forum will determine the Standards and strategic policies more..

  • A Big Question Mark on Islamic Finance Industry
    Muhammad Zubair Mughal - zubair.mughal@alhudacibe.com more..

  • Islamic Microfinance Research Study initiated in Yemen - 8th May, 2013
    Existing demand and future trends of Islamic Microfinance will be determined: Zubair Mughal. more..

  • Islamic Microfinance Market size touches $1 billion - 17th April, 2013
    Islamic Microfinance industry is rapidly progressing due to its superior performance for poverty alleviation. more..

  • The Global Islamic Microfinance Forum will be held in U.A.E - 05/09/2012
    The Forum will determine the Standards and policies for sustainable Islamic Microfinance development. more..

  • Yemen will Host an International Workshop on Islamic Microfinance - 28/08/2012
    Workshop is being jointly organized by Yemen Microfinance Network and AlHuda Centre of Islamic Banking and Economics, Pakistan more..
 
Upcomming Events
 
Other Services
-----------------------------------------------------------
 
 
 
Copyrights © All Right Reserved 2018 Alhudacibe.com