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Safaricom, bank launch Sharia-based lending app

Safaricom CEO Peter Ndegwa [2nd right], Managing Director of Gulf African Bank Abdalla Abdulkhalik [3rd from right], Deputy CEO Anuj Mediratta [right] and Safaricom Chief Special Project Officer Joe Ogutu during the launch of HalalPesa at Fort Jesus in Mombasa yesterday.[Omondi Onyango, Standard]

Safaricom and Gulf African Bank have launched a Sharia-compliant mobile app to cater for the Muslim population, giving borrowers yet another alternative money lending option to Mshwari.

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