SEC to Stage RoundTable on Islamic Capital Market

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

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

The statement said that the meeting 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 aim of the workshop is to encourage states to explore the alternative model for financing infrastructure projects through Islamic Capital Market Products such as Sukuk,” it added.

Leave a Reply