Place the Islamic finance must occupy in West Africa

The West Africa including countries such as Senegal with a population of more than 95% Muslim is also a substantial growth potential for Islamic finance. She is also a set of stability emerging ready for direct investments with attractive rates of return for investors.

Islamic finance could help people escape poverty. It has a feature that is based on principles of profit sharing, thus fits naturally with our traditions of solidarity and mutual assistance, it casts uncertainty, speculation, interest, much less wear or income from illegal sectors. It seems very appropriate to the needs of growth in developing countries. Finally, through Sukuk or Islamic bonds, a new funding opportunity for infrastructure which our countries have much need remains open. We will capture these flows.