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List of Islamic Banks in Senegal

Published by Gbaf News

Posted on April 4, 2013

1 min read

· Last updated: June 11, 2018

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1 Faisal Islamic Bank of Senegal
2 Islamic Investment Company of Senegal
3 Sosar Al Amane
4 Banque Islamique du Senegal

Key Takeaways

  • Senegal hosts a small number of dedicated Islamic banking and finance institutions.
  • La Banque Islamique du Sénégal (BIS) is the most prominent Islamic bank, founded in the early 1980s and based in Dakar.
  • Sosar Al Amane operates as an Islamic insurance (Takaful) provider headquartered in Dakar.
  • Islamic Investment Company of Senegal exists but details are limited publicly.

References

Frequently Asked Questions

What is Banque Islamique du Sénégal (BIS)?
Founded in 1982–83, BIS—originally Massraf Fayçal Al Islam Senegal—is Senegal’s leading fully Sharia-compliant bank headquartered in Dakar.
Where is Sosar Al Amane based?
Sosar Al Amane is an Islamic insurance (Takaful) company headquartered in Dakar, Senegal.
Is there information on the Islamic Investment Company of Senegal?
Public details on the Islamic Investment Company of Senegal are limited; it appears as part of the small set of Islamic financial institutions in Senegal.

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