Lagos, Nigeria (CNN) -- Home to some 70 million Muslims, Nigeria is stepping up efforts to capitalize on the growing popularity of the one of the world's fastest-growing financial sectors: Islamic banking. Earlier this year the Central Bank of Nigeria announced a final set of regulations which introduced Islamic banking to the country. CNN's Christian Purefoy discussed the sector's potential with Hajara Adeola, managing director of Lotus Capital, one of the groups helping to pave the way for Islamic finance in Nigeria. Adeola says there is a growing appetite for this form of banking. "It is working in Nigeria and there is a lot of interest in doing Islamic banking, in West Africa in particular," she says.

If anything, there are many
Christians who like to invest with us because it's also in line with their own ethical values."