Securing future of Islamic banking

Full-fledged Islamic banks have emerged, while conventional banks have launched Islamic windows or subsidiaries to offer Shariah-compliant products.

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The journey of Islamic banking in Kenya began two decades ago, with Absa Bank introducing La Riba Banking in 2005. This marked the first bold step towards making the journey of Shariah-compliant banking a reality in our country.

Twenty years later, the growth of this unique proposition has set the precedent in financial inclusion, serving a diverse community of previously underserved customers in need of ethical, inclusive and faith-compliant financial solutions.

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