CBK Awards Dubai Islamic Bank License To Operate In Kenya

One of the largest Islamic Banks in the United Arab Emirates, Dubai Islamic Bank (DIB), has been awarded license by the Central Bank of Kenya (CBK) for the establishment of its operations in Kenya.

The Bank through its wholly owned Kenyan subsidiary, Dubai Islamic Bank Kenya will exclusively offer Shariah compliant banking services in the country. It becomes the third fully Shariah compliant bank to be licensed in Kenya, after Gulf African Bank Limited in 2007 and First Community Bank Limited in 2008.