Loading…Loading…Loading…Loading…Country guide · OIC member state
The Gambia, a small, mostly Muslim country on the river of the same name and an OIC member since 1974, set up its first Islamic bank in 1997: the Arab Gambian Islamic Bank, created with private investors and the Islamic Development Bank, after the banking law was amended to allow an Islamic bank.
To give Islamic banks and Sharia-compliant investors somewhere to place their money, the Central Bank of The Gambia created Sukuk Al Salam in 2007, a short-term Islamic security sold at regular auctions alongside Treasury bills. This guide lists the institutions behind each part, with their pages on Wasabih.
Yes. The Arab Gambian Islamic Bank (AGIB), established in 1997 with private investors and the Islamic Development Bank, was the country's first Islamic bank.
A short-term Islamic security created by the Central Bank of The Gambia in 2007, the Islamic equivalent of a Treasury bill, auctioned with maturities of about three, six and twelve months.
The Central Bank of The Gambia, which licenses and supervises banks, including the Islamic bank, and runs the Sukuk Al Salam auctions.
The Gambia has no national Halal law; exporters should use certification bodies recognised by their buyers' countries.
The Gambia has been a member state of the Organisation of Islamic Cooperation since 1974.
Part of the Halal economy in The Gambia?
Claim your organisation's page, or add it for free, to appear in this guide and in business matching.