Loading…Loading…Loading…Loading…Country guide · OIC member state
Djibouti, a port state on the Horn of Africa and an OIC member since 1978, has an established Islamic banking sector. Islamic banks entered the market in 2006, and in 2011 the Banque Centrale de Djibouti allowed commercial banks to open Islamic windows, set up as separate subsidiaries with their own minimum capital.
A dedicated law governs the establishment of Islamic banks, completed by central bank instructions on their licensing conditions, and Djibouti-based Islamic banks now reach beyond the country: Uganda's first Islamic banking licence, in 2023, went to the subsidiary of a Djibouti-based bank. This guide lists the institutions behind each part, with their pages on Wasabih.
Islamic banks entered the Djiboutian market in 2006. In 2011 the Banque Centrale de Djibouti also allowed commercial banks to open Islamic windows.
Through Islamic windows set up as separate subsidiaries, each with a minimum capital of DJF 300 million, under rules of the Banque Centrale de Djibouti.
The Banque Centrale de Djibouti, under the law on the establishment of Islamic banks and its instructions on their licensing conditions.
Yes. Uganda's first Islamic banking licence, granted in September 2023, went to Salaam Bank Uganda, the subsidiary of a Djibouti-based bank.
Djibouti has been a member state of the Organisation of Islamic Cooperation since 1978.
Part of the Halal economy in Djibouti?
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