The Emir of Kano, Alhaji Muhammad Sanusi 11, has said that one of the challenges of the Islamic Financial Service industry and its growth especially in Africa is the good governance to ensure politicians shoulder their responsibilities in formulating the right policies that will create the conducive macroeconomic environment for a sustainable growth.
He said this recently at an investor’s forum of Khair Homes in Abuja.
Represented by the Yariman Kano, Alhaji Umar Sanusi, the Emir said the goals of the sustainable development agenda of the United Nations extends beyond poverty alleviation adding that, measures such as good health, quality education, gender equality, infrastructure, economic growth, as well as climate action and reduced inequality among others are also included.
Sanusi added that the concept of risk sharing which is a pillar of Islamic finance is another illustration of the relevance of Islamic finance in achieving the sustainable Development goals.