DIB Bank Kenya has hosted women for a financial conference aimed at empowering them on entrepreneurship and financial literacy on Islamic Banking.
The conference, whose focus was on “Money talks every woman should have in her 20’s, 30’s, 40’s and 50’s”, brought together over 200 women from different religious affiliations across the country and unpacked the basics on women’s personal finance, savings and investment, shariah of money, and business management.
Speaking at the event, DIB Bank Kenya Ag. CEO Rose Kagucia outlined the bank’s position on supporting women in the country.
“I believe it is time we adopt a culture of teaching our generation about financial literacy from a young age. This will give us a great foundation as we prepare for the uncertainties that come with an ever-changing environment. This conference has provided an avenue to speak to the most productive of women and I’m certain it will have a great impact on all of us going forward,” said Rose Kagucia.
“For a while, women have faced challenges when it comes to financial independence and growth. I’m happy that as society evolves, women are rising up to take on challenges in business, leadership and the socio-political arenas. This conference has brought together great minds and I hope everyone who was here has learnt a lot about women’s personal finance, savings, and investment, shariah of money, and business management,” She added.
The conference attracted various stakeholders from across the board including policymakers, politicians, investors, economists, academics, and non-state actors who provided a lively mix of speeches, panel discussions and interviews.
“Such engagements provide a lifetime opportunity for people to learn, interact and network on financial matters that are crucial in today’s life. I hope each one of us here has benefited and we look forward to more of such engagement around the country.” Said H.E Nathif Jama Adam, Governor of Garissa County
The rising demand for shariah-compliant products and services has seen Islamic Finance gain popularity over the past decade. However, lack of public knowledge has hindered its maximisation, which is why this conference aims to help bridge the existing gaps in literacy and misconception especially on the customer base that Islamic Finance covers.