1 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
2 Nizwa Bank
Trading
List of Islamic Banks in Brazil
Published by Gbaf News
Posted on April 12, 2013
1 min read· Last updated: June 11, 2018
Key Takeaways
- There are no known Islamic banks operating in Brazil.
- The listed entities—Bank of Tokyo‑Mitsubishi UFJ and Nizwa Bank—are not Islamic banks in Brazil.
- Bank of Tokyo‑Mitsubishi (now MUFG) operates in Brazil but is not Sharia‑compliant.
- Nizwa Bank is an Islamic bank based in Oman, not Brazil.
References
Frequently Asked Questions
Is there an Islamic bank operating in Brazil?
As of current available information, there are no fully Sharia‑compliant Islamic banks in Brazil.
Does MUFG (formerly Bank of Tokyo‑Mitsubishi UFJ) offer Islamic services in Brazil?
No, MUFG operates in Brazil as a conventional global bank without Islamic banking services.
Where is Bank Nizwa based?
Bank Nizwa is based in Oman and is a fully‑fledged Islamic bank operating under Sharia law.
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