Islamic Banking in Kenya

GPTKB entity

Statements (34)
Predicate Object
gptkbp:instanceOf gptkb:bank
gptkbp:basedOn gptkb:Sharia_law
gptkbp:challenge public awareness
regulatory framework
limited product range
gptkbp:country gptkb:Kenya
gptkbp:firstLicensedBank gptkb:First_Community_Bank
Gulf African Bank
gptkbp:growthDrivers financial inclusion
demand for ethical banking
https://www.w3.org/2000/01/rdf-schema#label Islamic Banking in Kenya
gptkbp:introducedIn 2007
gptkbp:majorBankOfferingIslamicWindow gptkb:KCB_Bank_Kenya
gptkb:National_Bank_of_Kenya
gptkb:Barclays_Bank_of_Kenya
gptkbp:notableEvent launch of Sukuk (Islamic bonds) framework
introduction of Islamic finance guidelines by Central Bank of Kenya in 2017
gptkbp:offers Sharia-compliant products
gptkbp:partner gptkb:Islamic_Development_Bank
Gulf Cooperation Council investors
gptkbp:product gptkb:Ijara
gptkb:Mudarabah
gptkb:Murabaha
gptkb:Takaful
gptkbp:prohibits interest (riba)
gptkbp:regulates gptkb:Central_Bank_of_Kenya
gptkbp:relatedAssociation gptkb:Kenya_Bankers_Association
Islamic Finance Project Management Office (IFPMO)
gptkbp:relatedLegislation Banking Act (Kenya)
Finance Act (Kenya)
gptkbp:targetMarket non-Muslims
Muslim population
gptkbp:bfsParent gptkb:Nathif_Jama_Adam
gptkbp:bfsLayer 7