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Press Release
AlHuda CIBE efforts to promote Islamic Banking in Africa is admirable: Ali Hassan
Mwinyi, Ex-President of Republic of Tanzania
3rd African Islamic Finance Summit Inaugurated in Dar Es Salaam, Tanzania today.
19th May,2016 (Dar-e-Salam Tanzania) - The 3rd African Islamic Finance Summit inaugurated by Mr.
Ali Hassan Mwinyi, retired President of Republic of Tanzania, in Dar-es-Salam-Tanzania today, the
delegate from different African countries participated in said summit . The theme of the two days
summit is to explore the untapped potential of Islamic Finance market of Africa and to adopt the latest
trends, address the challenges and discover the new opportunities in Islamic Finance industry of Africa.
The summit s kicked off with key note speak of H.E. Ali Hassan Mwinyi, Retired President of Republic of
Tanzania, he opened his speech by expressing gratitude to AlHuda CIBE for its effort to promote Islamic
Banking in Tanzania and rest of Africa. He mentioned that Islamic Banking and Finance is good solution
for Banking and Financial needs. Among the other dignitaries, H.E. Zakaria Anshar, Ambassador of
Indonesia, H.E. Abuzied Shamseldin Ahmed Ambassador of Sudan, H.E. Amir Muhammad Khan
Abuzied
Shamseldin Ahmed, the Ambassador of Sudan Embassy and Mr. Muhsin Hussain, Founder Director of
Tanzania Takaful were amongst the intellectual and assiduous speakers of the conference.
Addressing the audience, the organizer of 3rd African Islamic Finance Summit Mr. Muhammad Zubair
Mughal, Chief Executive Officer, AlHuda CIBE - UAE echoed his thoughts, saying that Islamic Banking and