Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Wajir West MP wants Sharia banking laws applied without restrictions

Dubai Islamic Bank Group Chief Executive Officer and DIB Bank Kenya Board Chairman Dr Adnan Chilwan presents a Guardian Award to Esha Mwaruwa during the DIB Kenya Award ceremony. [File, Standard]

Islamic banks could soon be allowed to fully implement Sharia banking principles without seeking exemptions from the Central Bank of Kenya (CBK).

The Central Bank of Kenya Amendment Bill, 2023 seeks to establish a regulatory framework for Islamic banks and financial institutions, to be expressly recognised under the Central Bank of Kenya Act.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902