24/06/2026
The Centre for Islamic Finance, Compliance and Advice (CIFCA), Tanzania, represented by its chairman, Mr. Aref Mbarak Nahdi, held discussions with the Islamic Development Bank Institute (IsDBI) team during the 2026 IsDB Group Annual Meetings in Baku, Azerbaijan.
Discussions focused on strengthening collaboration to promote the development of Islamic finance in Tanzania. The potential areas of synergy include joint initiatives in Islamic finance awareness, capacity building, and knowledge dissemination.
IsDBI and CIFCA had earlier signed a Memorandum of Understanding to establish a framework for cooperation in promoting Islamic finance development in Tanzania.