Financial Sector as the Backbone of Economic Growth: The Non-banking Sector

Muhammad Al Bashir Muhammad Al Amine
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Muhammad Al Bashir Muhammad Al Amine: Bank Alkhair

Chapter Chapter 6 in Islamic Finance and Africa's Economic Resurgence, 2016, pp 197-244 from Palgrave Macmillan

Abstract: Abstract Until recently, Africa remained a continent filled with under-followed companies and stock markets. While China, India, and other emerging markets got the lion’s share of media and investor attention, Africa has received little notice for its recent run of solid economic performance. This is despite the fact that the continent is filled with resources to help fuel many of the booming economies that investors are clamouring for. Traditionally, Africa has not been a place where more risk-oriented emerging market investors would invest, but that is changing. Investors in search of higher returns have increased their risk tolerances and have begun to search for greater returns from so-called frontier markets

Keywords: Insurance Market; Private Equity; Fund Manager; Bond Market; Islamic Banking (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psibcp:978-3-319-28835-2_6

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DOI: 10.1007/978-3-319-28835-2_6

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