Loading…Loading…Loading…Loading…Country guide · OIC member state
Yemen, an OIC member since 1969, has had a dedicated law for Islamic banks since 1996. Law No. 21 of 1996, signed on 29 July 1996, gave Islamic banks a legal basis after years of efforts by their sponsors, and a unit of the Central Bank of Yemen supervises the banks licensed under it.
Several Islamic banks were set up in the following years, among them Tadhamon International Islamic Bank, and the sector grew until the war that began in 2014–2015, and the split of the central bank in 2016, deeply damaged the economy. This guide lists the institutions behind each part, with their pages on Wasabih.
Yes. Law No. 21 of 1996 on Islamic banks, signed on 29 July 1996, sets the legal basis for Islamic banks in Yemen.
The Central Bank of Yemen, through a unit that supervises the banks licensed under the 1996 Islamic Banks Law.
Several Islamic banks were founded after the 1996 law, among them Tadhamon International Islamic Bank.
Yemen has no separate Halal certification law; exporters, for example of coffee, honey and fish, should check what their buyers' countries require.
Yemen has been a member state of the Organisation of Islamic Cooperation since 1969.
Part of the Halal economy in Yemen?
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