Islamic Banking (Sharia-Compliant)
Ethical, transparent, and Sharia-compliant financial solutions certified by our independent Sharia Advisory Board. Banking in harmony with your values.
Our Sharia-Compliant Products
Comprehensive financial solutions designed for individuals, businesses, and institutions.
Murabaha Financing
Islamic BankingSharia-compliant cost-plus financing for asset purchases. The bank purchases the asset and resells it to you at a disclosed profit margin. Approved by our Sharia Advisory Board.
Profit Rate: 12% - 15% p.a.
From KES 100,000
Ijara Leasing
Islamic BankingSharia-compliant leasing arrangement where the bank purchases and leases the asset to you. Ownership transfers at the end of the lease term. Asset-backed and interest-free.
Takaful: Included in rental
From KES 200,000
Musharaka Partnership
Islamic BankingJoint partnership financing where the bank and customer co-invest in a venture. Profits are shared according to an agreed ratio. Ideal for property and business ventures.
Takaful: 0.75% p.a.
From KES 500,000
Wakala Investment
Islamic BankingSharia-compliant agency-based investment where you appoint the bank as your agent (Wakil) to invest your funds in Sharia-approved ventures. Target returns with profit distribution.
Agency Fee: 1% of investment p.a.
From KES 100,000
Sukuk Bonds
Islamic BankingInvest in Sharia-compliant Islamic bonds backed by tangible assets. Earn halal fixed income with Government of Kenya and corporate Sukuk offerings.
Brokerage Fee: 0.12%
From KES 50,000
Islamic Banking FAQs
Find answers to common questions about our services.
What makes Islamic banking different?
Islamic banking prohibits interest (riba), excessive uncertainty (gharar), and investment in prohibited activities (haram). Instead, transactions are based on trade, leasing, and partnership principles.
Are these products only for Muslims?
No. Islamic banking products are available to everyone regardless of faith. Many clients choose them for the transparency, ethical principles, and competitive pricing.
Who oversees Sharia compliance?
Our independent Sharia Advisory Board, comprising qualified Islamic scholars and finance experts, reviews and certifies all products, contracts, and operational procedures.
How do late payment penalties work in Islamic banking?
Late payment penalties in Islamic banking are donated to charitable causes and do not benefit the bank. This ensures the penalty is a deterrent, not a profit mechanism.
Can I switch from a conventional account to Islamic banking?
Yes, switching is seamless. Visit any branch or contact us to transition your accounts and facilities to Sharia-compliant alternatives.
Banking in Harmony with Your Values
Explore our full range of Sharia-compliant products or speak with our Islamic banking specialists.