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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Middle East banks apply to offer Islamic finance in Uganda

Posted on 14 February 2011

From Arabianbusiness.com: Uganda has received applications from three Islamic banks in the Middle East to offer Shariah-compliant financial services in the country.
“The Middle East investors can start operations either by acquiring a local bank or setting up a new Islamic bank in the country,” Grace Stuart Ndyareeba, deputy director of commercial banking at Bank of Uganda, said in an interview in Jakarta on Friday, declining to name the banks……………………………………….Full Article: Source

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