SHARIA BANKING
KENYA

KENYA SHARIA BANKING KENYA ISLAMIC BANKING FINANCE


KENYA ISLAMIC BANK MURABAHA MUDARABA

In Kenya, sharia-compliant banking currently accounts for a marginal share of the Kenyan financial sector. Recent estimates expect that Islamic financial assets in Kenya could reach more soon.

Kenya is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Kenya's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.

Currently, Kenya has a number of fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.


KENYA ONLINE SHARIA BANK