There is poor awareness and understanding of Takaful and Non-Interest Finance concepts in Africa, necessitating a conference to bridge the knowledge gap and promote greater appreciation of these financial systems.

The rapid advancement of technology, including digital platforms, mobile banking, and fintech solutions, offers immense potential to enhance the accessibility, efficiency, and scalability of Takaful and Islamic finance in Africa. A conference would explore these technological opportunities in both insurtech and fintech.

Africa has a significant portion of its population that remains unbanked or underserved by conventional financial institutions. Leveraging technology can enable Takaful and Non Interest Finance to reach these marginalized populations, promoting financial inclusion and fostering economic growth.

The regulatory landscape for Takaful and Non-Interest Finance in Africa is still evolving, and there may be regulatory and legal barriers that hinder the growth and development of these systems. A conference would provide a platform to address these challenges and seek solutions across the various jurisdictions.

A conference such as this would encourage research and innovation in Takaful and Islamic finance by providing a platform for researchers, scholars, and industry experts to present their studies, insights, and technological advancements.

Takaful and Islamic finance emphasize ethical and socially responsible financial practices. A conference would highlight the role of these systems in promoting sustainable finance and it can further contribute to sustainable development goals in Africa.

As Interest-based financing faces global criticism, this conference will highlight the advantages of Islamic Finance where equity and fairness is practiced. The whole value chain of Islamic Finance will be discussed.

Bringing together industry stakeholders, including Takaful operators, Islamic financial institutions, regulators, policymakers, scholars, and technology providers, through a conference would foster collaboration, exchange of ideas, knowledge sharing, and networking, leading to the development of effective strategies and partnerships.