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SEC urges firms to tap Islamic capital market

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SEC urges firms to tap Islamic capital market

11 Nov, 2021

The Securities and Exchange Commission has advised corporate organisations to leverage the Islamic capital market, saying it will help create an enabling environment.The Director-General, SEC, Lamido Yuguda, said this at the 2021 African International Conference on Islamic Finance in Abuja Wednesday, with the theme ‘Infrastructure financing, sustainability, and the future of African markets 2.0’, according to a statement.

Represented by the Executive Director, Corporate Services at SEC, Mr Ibrahim Boyi, Yuguda said the commission was working assiduously with relevant stakeholders to implement recommendations for the non-interest capital market sector in line with the objectives of the 10-year Nigerian Capital Market Masterplan.