Michael Grifferty

The Gulf Bond and Sukuk Association talks Sukuk with African Finance Leaders

The Gulf Bond and Sukuk Association (GBSA) held a seminar on Islamic finance in Dakar, Senegal last week at the Making Finance Work for Africa (MFW4A) Partnership Forum. The seminar covered key concepts in Islamic finance as well as current trends in the Sukuk market and the use of Shari’ah-compliant financing as a development tool. GBSA President Michael Grifferty said it has to be ensured that African companies and sovereigns are aware of all financing options available along with the respective risks and rewards.

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