AIMS AND OBJECTIVES:
- Awareness Building: Raise awareness about the Islamic economy’s opportunities and its relevance to Africa’s socio-economic development.
- Knowledge Sharing: Provide a platform for stakeholders to share insights, best practices, and innovative approaches.
- Capacity Development: Identify areas requiring capacity building to support the growth of the Islamic economy.
- Partnership Building: Foster collaboration between African governments, private sectors, and international stakeholders.
- Actionable Recommendations: Develop a roadmap for advancing the Islamic economy in Africa, focusing on priority sectors.
TOPICS
- The Global Islamic Economy and Africa’s Role:
- Overview of the Islamic economy globally.
- Africa’s unique value proposition and opportunities for integration.
- Islamic Finance as a Catalyst for Development:
- Role of Islamic banking, sukuk (Islamic bonds), and waqf (endowments) in financing Africa’s development.
- Case studies from African nations successfully implementing Islamic finance.
- Halal Industry Growth Potential in Africa:
- Opportunities in Halal food, pharmaceuticals, cosmetics, and travel.
- Developing Halal certification standards for the African market.
- Youth and Women Entrepreneurship in the Islamic Economy:
- Empowering African youth and women entrepreneurs to innovate within the Islamic economy.
- Islamic economy startups and technology-driven solutions.
- Policy and Regulatory Frameworks:
- The role of governments in creating enabling environments for the Islamic economy.
- Addressing regulatory challenges and harmonizing standards across Africa.
- Sustainability and Social Impact:
- Alignment of Islamic economic principles with Africa’s sustainability goals.
- The role of zakat (charitable giving) and Islamic social finance in poverty alleviation.
EXPECTED OUTCOMES
- Increased awareness of the Islamic economy’s potential in Africa.
- Enhanced collaboration among stakeholders to drive Islamic economic growth.
- Identification of actionable strategies to develop key sectors of the Islamic economy.
- Strengthened partnerships between African and international Islamic economy players.