Events
Register: 5-day IFRIG Non-Interest Banking & Finance Training (Jan 19-23, 2026)
Register now [before 5th Jan 2026] for the 5-day IFRIG Non-Interest Banking and Finance Training (Jan 19-23, 2026) https://forms.gle/8eNaMa2ovvBVq9bg6
News
A Structured Response to Bright Simons’ Article on the “Guideline for the Regulation and Supervision of Non-Interest Banking, 2025 Exposure Draft.
A Structured Response to Bright Simons’ Article on the “Guideline for the Regulation and Supervision of Non-Interest Banking, 2025 Exposure Draft. 1. Strategic Rebranding and Stakeholder Consensus We agree with the author’s acknowledgement that the Bank of Ghana’s decision to rebrand Islamic Banking as Non-Interest Banking was a strategic move Read more…
Events
IFIC CONFERENCE 2025
2025 Islamic Finance International Conference (IFIC) 2025 is organised by the Islamic Finance Research Institute Ghana (IFRIG), under the auspices of the Office of the National Chief Imam (ONCI). • Event date: 27th September 2025, 9:00 AM • Venue: Accra International Conference Centre (AICC) • Two Non-Interest finance experts have consistently Read more…
News
GHANA’S DEBT RESTRUCTURING, AN ISLAMIC FINANCE VIEWPOINT
Ghana has been borrowing, servicing debts and paying interests for years. The cost of borrowing funds, the rate of interest, the amounts outstanding, plus any fees associated with the diverse financing arrangements over the years has become a burden on Ghana’s national finances. This has led the country to periodically Read more…
News
WHAT DOES THE BIBLE AND QURAN SAY ABOUT ISLAMIC FINANCE?
As recorded by Professor S.D Goiten, the basis of commerce and industry in the twelfth and thirteenth centuries in the Mediterranean region was formed through partnership and profit-sharing rather than interest-based borrowing and lending. From a very early stage in Islamic history, Muslims were able to gather resources to finance Read more…
News
Saudi Sukuk issuance rises by 37% in 2021, says S&P Global
RIYADH: Saudi Arabia’s sukuk issuances jumped by 37 percent in 2021, totalling $36.9 billion, up from $27 billion the year before, S&P Global Ratings revealed. The increase is attributed to the global issuance of foreign-currency denominated sukuk, which has increased by 10 percent in 2021, with large issuances in the Kingdom, Read more…
News
Use banking ‘windows’ to kick-start Islamic finance in Ghana – Researcher
Islamic finance enthusiasts in Ghana have been urged to explore ways of kick starting operations in the short term as efforts to achieve a fully fledged Islamic banking and finance ecosystem gathers pace. This could entail teaming up with conventional banks to open windows – which will serve as a Read more…
News
Sukuk and Islamic Finance are Transforming Africa
Sukuk are financing infrastructure projects across Africa and contributing to socially useful ventures across the continent. Issued in local currencies sukuk are being used to fund infrastructure projects. A 2017 issuance for N100bn was heavily oversubscribed. The Federal Government of Nigeria has issued a number of sukuk, the proceeds of Read more…
News
IFRIG pays a visit to Ahmadiyyah Muslim Community National Imam
IFRIG meets Ahmadiyyah Muslim Community National Imam (10/09/20); in preparation for the IFRIG ISLAMIC FINANCE FORUM 2020 (in November) in-shaa Allaah. Alhamdulillāh, a fruitful interaction. May Allaah facilitate khayr till Jannah