Ovamba, a U.S.-based investment management firm, plans to provide borrowers in the African small-to-medium-enterprise market with Shariah-compliant financing.

Marvin Cole, founder and CEO at Ovamba, said, “Going forward we believe Islamic financial instruments will provide an excellent platform for building businesses of scale.”

Based in Chevy Chase, Maryland, Ovamba describes itself as Africa’s debt marketplace.

http://afkinsider.com/105625/us-based-firm-promotes-sharia-financing-in-africa/

 

 

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