Access Bank Ghana deepens leadership in ethical finance through Malaysia executive study tour

Access Bank (Ghana) Plc has reaffirmed its commitment to ethical finance and financial innovation through its participation in a high-level executive study tour on Non-Interest Banking, Capital Markets and Takaful (Insurance) in Kuala Lumpur, Malaysia.

The strategic engagement forms part of the Bank’s efforts to deepen institutional capacity and position itself as a leading provider of ethical and inclusive financial solutions in Ghana.

The five-day international programme, organised by the Islamic Finance Research Institute of Ghana (IFRIG) in collaboration with the Centre for Islamic Economics (CIE) at the International Islamic University Malaysia (IIUM), brought together regulators and financial sector leaders to study Malaysia’s globally recognised ethical finance ecosystem and explore opportunities for advancing financial inclusion in Ghana.

The programme provided participants with practical insights into global best practices in non-interest banking, Sukuk (Islamic bonds), Takaful insurance, regulatory frameworks and financial innovation, while highlighting the role of ethical finance in advancing financial inclusion and sustainable economic development.

Access Bank Ghana was represented by Tawfiq Moomen, Head of Mobile Money and Fintech Partnerships; Eugene Dadzie, Team Lead, IT and E-Business Compliance; and Nadra Ndarya Baba, Team Member, Financial Control.

The delegation joined officials from the Bank of Ghana, the Securities and Exchange Commission and the National Insurance Commission, reflecting the collaborative national effort to strengthen Ghana’s financial sector capabilities.

Building Future-Ready Talent

Speaking on the significance of the programme, Tawfiq Moomen, Head of Mobile Money and Fintech Partnerships and Lead of Access Bank Ghana’s Non-Interest Banking Committee, said:

“Ethical finance represents one of the most exciting opportunities for the future of banking in Ghana. Our participation in Malaysia’s globally acclaimed ethical finance capacity-building programme reinforces our commitment to delivering innovative and sustainable financial solutions that meet the needs of individuals and businesses.”

He added that Access Bank Ghana’s participation demonstrates the Bank’s long-term vision to become the preferred partner for ethical and non-interest finance by investing in global knowledge exchange and building future-ready capabilities.

“Malaysia has demonstrated that ethical finance can successfully drive financial inclusion, deepen capital markets and support sustainable economic growth. The insights gained through this executive study tour will strengthen our ability to develop solutions that are globally informed and locally relevant. We are the preferred partner for ethical and non-interest finance in Ghana because we have built the capabilities, partnerships and expertise required to support the future of finance.”

A Global Benchmark for Ethical Finance

Malaysia is widely regarded as one of the world’s leading centres for ethical and non-interest finance, having developed a robust dual-banking system supported by strong regulation, deep capital markets and well-established governance structures over the past four decades.

The executive study tour offered participants exposure to regulatory supervision, consumer protection mechanisms, licensing frameworks and dispute resolution systems that underpin the country’s success.

Access Bank Ghana’s participation comes at a pivotal time as Ghana continues to strengthen institutional capacity and explore opportunities for the development of non-interest banking, insurance and capital market products.

Through strategic investments in talent development and international partnerships, the Bank is building the expertise required to deliver ethical and non-interest finance solutions to Ghanaian customers and businesses.