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Mayzuh Company Limited, Executive Chairman, Shk Issa Mohamed Hemed, has been contracted by United Nation Finance Commission for Africa (UNFCA). The assignment if for working as a consultant to Savanna Ethical Financing Instrument (SEFIL), based in Kenya, in which he is also an Executive Chairman. The contract is for establishment of a framework for Islamic Capital Markets products for Uganda Capital Markets Authority (CMA). The three months contract is the first of its kind for Shk Issa by the global body and it's a continuation of his works with government authorities in East and Central Africa. Shk Issa has trained CMSA (2022) and Dar es salaam Stock Exchange (DSE) in 2023 in Tanzania as well as training to Zambian Lusaka Securities Exchange (LuSE) in Sukuk bonds. Shk Issa has worked on similar mission where he worked with Ministry of Finance in Tanzania on establishment of Sovereign, Quasi-Sovereign and GREs Sukuk Bonds Guidelines (2022) and Sovereign, Quasi-Sovereign and GREs Bonds Guidelines (2023) as the sole Shari'ah-governance and compliance consultant. He has also worked with Tanzania Capital Markets and Securities Authority (CMSA) in the establishment of Corporate, Municipals and Subnationals Sukuk Bonds Guidelines 2023 which were gazetted in Tanzania government Gazette No 731 in November, 2023. He has also worked with Tanzania Insurance Regulatory Authority (TIRA) in the establishment of TIRA Takaful Guidelines 2022 on Islamic insurance for Tanzania.


  • Date:11/03/2024 02:01 PM
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