Islamic finance in Africa
Shariah-compliant transaction structuring across all our divisions, overseen by an independent Shariah Committee.
Islamic finance is not a niche product in West Africa: it is a body of economic rules requiring that all financing be backed by a real asset, that risk be shared, and that pure speculation be excluded — principles that resonate increasingly in markets where access to conventional credit remains constrained.
Few players in the region know how to structure these transactions with the same rigour as conventional finance. AXIS FINANCE treats Islamic finance as expertise that runs across all of its divisions, not as an isolated department.
Murabaha, Mudaraba, Musharaka, Ijara, Sukuk: each structure is approved by an independent Shariah Committee before execution, opening access to regional and international Islamic liquidity pools that are today among the deepest in the world.
What sets our work apart.
Integrated expertise, not outsourced
Islamic finance runs across our four divisions, with the same modelling and structuring standards as our conventional transactions.
Independent Shariah oversight
The Shariah Committee is a separate governance body, not a token endorsement — a point that institutional investors check systematically.
Real assets, never speculation
Every structure requires an underlying asset and documented risk sharing.
How we work.
- Islamic Finance — the dedicated divisionDetails of Murabaha, Mudaraba, Musharaka, Ijara and Sukuk structures. Discover the division →
- AgribusinessSalam-type Islamic structures for agricultural cycles. View the sector →
- Real Estate & ConstructionIjara structures for investors seeking compliance. View the sector →
What we are asked most often.
What is the difference between Murabaha and Ijara?
Murabaha is a cost-plus sale with deferred payment, suited to financing an identified asset. Ijara is a lease contract, with or without a purchase option, better suited to long-life real estate or equipment assets.
Is the Shariah Committee independent of AXIS FINANCE?
Yes, it is a governance body separate from Executive Management, responsible for approving each structure before execution — not a token endorsement attached to the operational teams.
Is Islamic finance reserved for Muslim clients?
No. The principles of risk sharing and real-asset backing are of interest to any investor or borrower seeking an alternative structure, regardless of their faith.
A transaction to structure?
Describe your project and we will direct you to the right contact within our teams.
