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.
This Press Release has been issued by APO. The content is not monitored by the editorial team of African Business and not of the content has been checked or validated by our editorial teams, proof readers or fact checkers. The issuer is solely responsible for the content of this announcement.
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