As a prelude to Touba’s Grand Magal, Mouhamadou Lamine Mbacké and Pape Adama Cissé launched Taysir Finance Sa, the first Senegalese microfinance institution completely dedicated to Islamic finance.
An initiative blessed by the Caliph General of the Mourides. Mouhamadou Lamine Mbacké, pioneer of Islamic finance in West Africa and President of the African Institute of Islamic Finance (Aiif) but also nephew of the Caliph General of the Mourides, and Pope Adama Cissé, mayor of Passy, former regional financial director of Microsoft West Africa then of Tamweel Africa Holding and current chairman of the council of the High Authority of the Waqf, chose the occasion of the Grand Magal de Touba 2021 to launch Taysir Finance
. It is a public limited company with a capital of 1 billion CFA francs which has just been approved by the Ministry of Finance and the Bceao as the first Senegalese microfinance institution completely dedicated to Islamic finance. the city of Touba in the gigantic mission of the caliph inspired by the work Matlaboul Fawzeyni of his grandfather whose economy and finance, in accordance with the ethics of Islam, is a fundamental pillar.
According to online release which gives the info, the caliph strongly blessed the project which he has followed from start to finish since the filing of the approval in 2018. The religious guide also wished the promoters the Baraka of the Almighty and prayed that the whole of Senegal could benefit from the multiple funding opportunities in accordance with the ethics of Islam.
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