In Mali, sharia-compliant banking currently accounts for a marginal share of the Malian financial sector. Recent estimates expect that Islamic financial assets in Mali could reach more soon.
Mali is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Mali's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.
Currently, Mali 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.
MALI ONLINE SHARIA BANK