Gulf African Bank
in Kenya 🇰🇪
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About Gulf African Bank in Kenya
Gulf African Bank is Kenya's first and largest fully-fledged Islamic commercial bank, operating exclusively under Shari'ah-compliant principles. Licensed by the Central Bank of Kenya, the bank provides ethical banking services to individuals, SMEs, and corporate clients across Kenya. As of December 2024, the bank's total assets stood at approximately $347.3 million, solidifying its position as Kenya's leading Islamic lender by assets.
The bank distinguishes itself by offering an alternative to conventional interest-based banking. All products and services strictly adhere to Islamic law, prohibiting usury (riba) and promoting equity-based financing models.
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