AlHuda Centre for Islamic Banking and Economics (CIBE) has initiated its operation with the brand name of “AlHuda CIBE Uganda” in East African country, Uganda. Together with Uganda, other countries of East Africa e.g. Sudan, Kenya and Tanzania etc can also be catered, where a huge Muslim population and the demand of Islamic banking already exists.
Hence, Islamic Banking and Finance can flourish in those countries promptly. It is also noteworthy that Uganda, whose population is more than 36 million with 14 per cent Muslims, is an important country in East Africa………………………………………..Full Article: Source