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Islamic Business Boom Experts Unpack Ethical Growth Pathways

Experts convened at the recent Ijebu Muslim Business Summit (IMBS) 2025, drawing over 300 participants under the theme "Sustaining Growth with Islamic Principles." The high-profile gathering explored the critical intersection of faith and commerce, highlighting business pathways rooted in Islamic ethics for long term prosperity and economic development.

Keynote speaker Professor Tajudeen Yusuf, President of the Institute of Islamic Finance Professionals, underscored the urgent need for value driven enterprises. He emphasized trust, fairness, non interest financing, and social justice as foundational for sustainable success, declaring Islamic finance a framework of resilience ethics and empowerment, not just a religious alternative.

Panel discussions featured thought leaders like Alhaji Afui Ettu on retail healthcare integrity, Mr. Raheem Musa on interest free banking for poverty alleviation, Dr. Jubril Olukayode Lasisi on innovating for Halal investment, and Mr. Sherrif Awonuga on integrating technology with Islamic compliance. Miss Hajarah Adams inspired young entrepreneurs on balancing commerce with character. The summit also saw a ₦200,000 grant disbursed to select SMEs, supporting ethical business scaling. This summit signals a strong movement towards sustainable Islamic driven prosperity, equipping participants to lead with purpose and profit.

This summit's focus on integrating Islamic principles with modern business strategies offers valuable lessons for Pakistan. Pakistani entrepreneurs and businesses can leverage these insights to build ethically sound and sustainable ventures. Implementing interest free financing models and focusing on Halal sectors can attract investment and cater to a growing conscious consumer base. The government and financial institutions in Pakistan could explore facilitating similar platforms and grant programs to foster an ecosystem that supports Sharia compliant business growth, potentially boosting financial inclusion and economic stability across the nation.

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