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ISLAMIC BANKING

Uganda welcomes Salaam Bank, the first islamic lender in the country joining a growing list of countries with demand for islamic banking.
The bank's balance sheet grew to N300 billion at the end of the 2021 fiscal year, with an average of 30% growth so far, year on year, and a 40% profit margin year-on-year.
The global Islamic finance industry will continue to grow, with a total global asset value of $4.94 trillion...
Jaiz Bank Plc. has proposed a dividend payment of N0.03 kobo per 50 kobo ordinary share, the Company’s AGM will be held at Transcorp Hilton, on 16th of July, 2020.