Shariah Compliant Finance | Business Redefined

Shariah focused investments are gaining traction in Kenya:
  • In 2024, the country's debut Sukuk (15-year Note, 11.13% IRR) raised Kes 3.0 billion whose proceeds have been deployed in accelerating affordable housing
  • Shariah targeted investment schemes are gaining traction in Kenya with the assets under management held now standing at Kes 1.95 billion
A conversation with the Head of Shariah Banking at KCB Kenya Hemed Wangalwa on this fast growing space & what it portends for Kenya's commercial banking & capital markets.
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