Bahraini lender eyes piece of Kenya’s Islamic banking

Delegates during a recent East Africa Islamic economy summit in Nairobi. FILE PHOTO | NMG

Bahrain’s third largest Islamic bank Al Baraka Banking Group says it is mulling over expanding operations into Kenya as it seeks to claim a piece of the fast-growing Shariah-compliant banking market in the region.

The lender will be following in the footsteps of fellow Middle Eastern banker, Dubai Islamic Bank.

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