Dubai Islamic Bank gets CBK nod for Kenya operations

The proposed Dubai Islamic Bank headquarters in Nairobi. FILE PHOTO | NMG

The Central Bank of Kenya (CBK) has licensed DIB Kenya - owned by the United Arab Emirates’ largest Shariah lender Dubai Islamic Bank - to carry out business in the country.

CBK said in a statement that DIB intends to exclusively offer Shariah compliant banking services in Kenya.

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