Islamic Banking Archives – CEO East Africa

Salaam Bank Uganda named best new Islamic Bank at IFN Global Awards

by Paul MurungiCompany News News & AnalysisApril 26, 2024April 27, 2024

Salaam Bank Uganda, a provider of Shariah-compliant financial services, has won the Best New Islamic Bank award at the prestigious Islamic Finance News (IFN) Global Awards, 2024. The coveted global award recognises the bank’s commitment to providing innovative and customer-centric shariah-compliant financial solutions, as well as its significant contributions to the growth and development of the Islamic finance industry in…

Islamic banking has potential to significantly impact Uganda’s economic development says Museveni as he launches Salaam Bank

by CEO East Africa MagazineCompany News Finance News & AnalysisMarch 30, 2024March 30, 2024

President Yoweri Museveni has officially launched the national operations of Salaam Bank in Uganda. This is as he joined the Muslim fraternity for Duwa Prayers at Kololo Independence Grounds on…

Everything you need to know about Islamic banking ⏤ a Q&A with Salaam Bank’s CEO, Michael Mande

by Muhereza KyamuteteraCEOs News & Analysis Q + As The Big StoryOctober 23, 2023October 23, 2023

He has played a pivotal role in the seamless acquisition of Top Finance Bank by Salaam African Bank S.A, headquartered in Djibouti and subsequent transition into a fully-fledged Islamic financial…

Salaam Bank (formerly Top Finance Bank) gets Uganda’s first Islamic Banking license

by CEO ReporterCompany News The Big StorySeptember 11, 2023September 11, 2023

Salaam Bank, formerly Top Finance Bank, has become the first financial institution in Uganda to be granted a license by the Bank of Uganda to offer Islamic Banking services. This…

ISLAMIC FINANCE IN UGANDA: Transcending Religious Beliefs To Becoming A New Business Paradigm And The Evolving Legal Regime

by Sophia N. KigoziIndustry & Analysis News & Analysis The Big Story Thought LeadershipJune 23, 2023June 23, 2023

Many people are interested in the phenomenon of Islamic Finance, particularly in how it differs from conventional banking. Islamic Banking and financial systems exist to provide a variety of Sharia-compliant…