Kenya – President Ruto: Hustler Fund will be Shariah Compliant

Date:

NAIROBI, Kenya, April 9, 2024/APO Group/ — 

The Hustler Fund will be recalibrated to allow Muslims consume the product.

President William Ruto said packaging the Fund to be Shariah compliant will deepen financial inclusion in Kenya.

He said so far more than seven million Kenyans are benefiting from the Hustler Fund that is barely 16 months old.

“We will also adjust other Government financial instruments to comply with the Islamic Law,” he explained.

He added that the move will make available more funds to drive the country’s development.

President Ruto spoke on Monday evening at State House when he hosted the Iftar Dinner.

He challenged religious leaders to be on the forefront in praying for the country.

“We are on track to making Kenya a better country for all. It is our responsibility to make it greater,” he noted.Distributed by APO Group on behalf of President of the Republic of Kenya.

Share post:

Subscribe

Popular

Finding solutions to everyday problems

Ghanaian developer’s free Gesture app lets users control a...

Courts resume normal sittings on Tuesday, November 10

The Office of the Judicial Secretary has directed all courts across the country to resume normal sittings on Tuesday, November 10, 2026, following the suspension of the industrial action by judicial service staff.

Finance Ministry to reject funding requests for unappraised public projects

The Ministry of Finance will reject funding authorisation requests for public capital projects that have not undergone mandatory appraisal and inclusion in approved investment plans.

South Africa arrests nine foreigners allegedly heading to Russia-Ukraine war

South African police have arrested nine foreign nationals, aged between 20 and 26, who were allegedly preparing to fly out of the country to fight in the war between Russia and Ukraine.

More like this
Related