SEC to organise round-table on non-interest banking

Posted by News Express | 14 March 2016 | 2,484 times

The Securities and Exchange Commission (SEC), will organise the second high level regional round-table on non-interest capital market (Islamic capital market) in Sokoto State on March 14.

This was contained in a statement signed by Mr Naif Abdulsalam, Head, Corporate Communications and issued to newsmen in Sokoto on Sunday.

The statement said that the round-table with the theme: ‘Financing Development through Islamic Capital Market – a viable alternative,’ was the commission’s effort to expand the depth of the Nigerian Capital Market.

“This is also aimed at promoting financial inclusiveness through the Capital Market.

“It is in line with the commission's strategic 10-year master plan on non-interest capital market.

“The objective of the workshop is to encourage states to explore the alternative model for financing infrastructure projects through Islamic Capital Market Products such as Sukuk.” (NAN)

•Photo shows SEC DG Mounir Gwarzo.

Source: News Express