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The Securities and Exchange Commission (SEC) and Metropolitan Law Firm and the readying committee for the 7th African International Conference connected Islamic Finance (AICIF) person signed a concern to supply a transformative level for processing innovative, ethical, and sustainable fiscal solutions to powerfulness Africa’s infrastructure and existent assemblage growth.
Both organisations said they volition thrust the docket astatine the 7th AICIF, which is scheduled to instrumentality spot successful Lagos from November 4 to 5, 2025.
At a associated property league successful Abuja, the Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, and Ummahani Amin, managing spouse of Metropolitan Law Firm and president of the AICIF 2025 readying committee, said the league volition spell beyond world discussions to suggest applicable strategies for financing Africa’s infrastructure done Islamic and non-interest concern instruments.
Dr Agama said the 2025 edition, themed “Africa Emerging: A Prosperous and Inclusive Outlook,” is strategically positioned astatine a defining infinitesimal — arsenic Nigeria concludes the Revised Capital Market Masterplan (2021–2025). The forum, helium said, is designed to unlock superior for Africa’s infrastructure needs done sustainable, inclusive, and ethical financing models.
“This volition not conscionable beryllium a regular conference,” Agama stated. “We are convening experts to tackle the astir captious economical questions facing our continent, peculiarly however to money the roads, power, and exertion our economies request for maturation and development.”
According to him, 1 of the flagship sessions, “Unlocking Capital for Africa’s Infrastructure,” volition absorption connected actionable strategies to adjacent the continent’s infrastructure financing spread done Islamic fiscal instruments specified arsenic Sukuk, non-interest bonds, and corporate concern schemes.
He said the non-interest superior marketplace successful Nigeria has present attained a worth of N1.6 trillion, with Sukuk issuances driving the momentum. He noted that the 700 per cent oversubscription of the past issuance demonstrated rising capitalist assurance and appetite for ethical products.
“The occurrence of Sukuk and different non-interest instruments shows that ethical concern is not conscionable a motivation prime — it is an economically dependable way to mobilising superior for development,” helium said.
Dr Agama disclosed that with enacting the Investments and Securities Act (ISA) 2025, Nigeria present has a modernised ineligible and regulatory model that enhances assurance successful non-interest finance.
He described the instrumentality arsenic “a game-changer” that provides a statutory ground for Sukuk and empowers the SEC to registry Non-Interest Collective Investment Schemes, straight advancing innovation and marketplace enlargement goals.
“The caller Act strengthens our capableness to regulate, innovate, and deepen ethical concern products that tin transmission funds into infrastructure, agriculture, and technology,” helium explained.
The SEC main emphasised that this year’s AICIF is expected to nutrient measurable economical outcomes, with cardinal resolutions to usher policymaking, stimulate caller concern flows, and animate aboriginal financing mechanisms that nexus superior to existent assemblage growth.
“We expect the insights from AICIF 2025 to pass the adjacent signifier of our superior market’s improvement and guarantee it remains a robust motor for sustainable economical growth,” Agama added.
In summation to infrastructure financing, the league volition big sessions connected “Green and Ethical Investments: The Future of Energy Finance” and “Agricultural Financing: From Farm to Table done Ethical Options.” These discussions volition research however Islamic concern tin thrust sustainable vigor transitions and heighten nutrient information done ethical superior deployment.
“We are connecting concern to the existent system — from farms to factories to fiscal exertion — to guarantee that maturation is broad-based and inclusive,” Agama said.
In her remarks, Amin said the league has go 1 of Africa’s starring gatherings for advancing ethical and sustainable finance.
“AICIF is simply a level for policymakers, regulators, investors, and innovators to collaborate connected shaping the aboriginal of non-interest concern successful Africa,” she noted.
Amin said the 2025 league volition supply a blueprint for however Islamic concern tin catalyse infrastructure improvement and inclusive growth, particularly arsenic African nations hunt for viable, semipermanent financing models to span the infrastructure deficit.
She emphasised that the concern betwixt the SEC and Metropolitan Law Firm reflects a shared committedness to strengthening the Islamic concern ecosystem and expanding entree to non-interest pr...
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