Islamic banks in Kenya

12 Sep, 2009

Islamic banks in Kenya account for one per cent of gross assets in the banking sector, the Central Bank of Kenya (CBS) has said. Gulf African Bank and First Community Bank, the two Islamic banks currently operating in Kenya, have a combined loan portfolio of Ksh4.9 billion, customer deposits of Ksh7.5 billion and 27,270 deposit accounts.

The banks appeal not just to Kenya

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Wanted in Africa, part of the Wanted Worldwide network, is a website in English for expatriates in Africa established in 2006. We cover Europe's news stories that may be of interest to English speaking residents along with tourists as well. Our publication also offers classifieds, photos, information on events, museums, churches, galleries, exhibits, fashion, food, and local travel.

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