×
× KTN KTN News KTN Morning Express KTN Leo Leo Mashinani The Big Story Checkpoint News Center E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
Login
×
Show Swahili

Kenya as the window of Islamic Finance Development in East Africa

22nd October, 2018

Finance, developing various aspects such as banks, saccos, insurance & potential sukuk bond. Finance regulations have also been continuously reviewed to create a conducive business environment for Islamic finance. These developments have made Kenya the leading market for Islamic finance in East Africa. *** according to gulf African bank, Kenya is well positioned for Islamic foreign investors as witnessed by new foreign entrants in the market (Dubai Islamic bank) & more foreign banks showing further interest (Al Baraka recently announced they would open in Kenya). Moreover, individual investors have also expressed interest in projects in Kenya that align with the Islamic finance guidelines. While Kenya still needs to streamline structures locally before the country fully markets itself as a conduit for Islamic based fdis, these opportunities & projects are the gateway to further growth of Islamic finance in Kenya with a high probability of spreading into neighboring countries like Uganda and Tanzania who are in the process of setting up policies and Structures for Islamic finance. 

.
RELATED VIDEOS