Uganda issues first Islamic banking licence to unit of Djibouti bank zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
KAMPALA: Uganda’s central bank has issued its first Islamic banking licence since the country passed legislation to accommodate syariah-compliant finance activities in June.The licence went to Salaam Bank Ltd, a unit of Djibouti-based Salaam African Bank, the Bank of Uganda said in a statement.
Uganda issues first Islamic banking licence to unit of Djibouti bank zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Uganda’s central bank has issued its first Islamic banking license since the country passed legislation to accommodate Shariah-compliant finance activities in June.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Google CEO Eric Schmidt Scraps $67.6 Million P