Instead, sukuk has become one of the fastest-growing segments of Nigeria’s fixed-income market, drawing interest from pension funds, ethical investors and domestic institutions looking for alternatives to interest-based debt.
“Nigeria’s non-interest capital mar
A record-setting sukuk auction has pushed Nigeria’s Islamic finance market into the national conversation, offering a rare moment of excitement in an otherwise traditional bond-dominated debt market. Investors are no longer treating Sharia-compliant instruments as a niche category.
Instead, sukuk has become one of the fastest-growing segments of Nigeria’s fixed-income market, drawing interest from pension funds, ethical investors and domestic institutions looking for alternatives to interest-based debt.
“Nigeria’s non-interest capital mar