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List of Islamic Banks in Germany

Published by Gbaf News

Posted on April 21, 2013

1 min read

· Last updated: June 11, 2018

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Deutsche Bank
Natural World Industrial Group
ABC International Bank plc
The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Key Takeaways

  • KT Bank AG is the only fully licensed Islamic bank in Germany since 2015.
  • ABC International Bank plc (Bank ABC) offers Islamic financial services through its Frankfurt branch, though it is subordinated to a foreign parent.
  • Traditional major banks listed (Deutsche Bank, Bank of Tokyo‑Mitsubishi UFJ) do not operate Islamic banking under German regulation.
  • Islamic finance in Germany remains niche, focused on ethical, Sharia‑compliant offerings.

References

Frequently Asked Questions

Is Deutsche Bank an Islamic bank in Germany?
No, Deutsche Bank is a conventional bank and does not offer Islamic‑banking products in Germany under its own Islamic bank brand.
What makes KT Bank AG unique?
KT Bank AG, based in Frankfurt, is the only German‑licensed full Islamic bank, offering Sharia‑compliant products without interest, regulated by BaFin.
Does Bank of Tokyo‑Mitsubishi UFJ offer Islamic banking in Germany?
No evidence indicates that The Bank of Tokyo‑Mitsubishi UFJ operates Islamic banking services in Germany.
What is ABC International Bank plc’s role in German Islamic finance?
Its Frankfurt branch provides Islamic financial services as part of Bank ABC’s international offerings, but it is not a standalone German Islamic bank.

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