1 Sudanese Islamic Bank
2 Faisal Islamic Bank
3 The Islamic Bank of Western Sudan (ED Bank)
4 Tadamon Islamic Bank
5 Islamic Cooperative Development Bank
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List of Islamic Banks in Sudan
Published by Gbaf News
Posted on April 5, 2013
1 min read· Last updated: December 13, 2018
Key Takeaways
- Sudan hosts multiple Sharia‑compliant banks serving diverse regions and sectors.
- Faisal Islamic Bank, established 1977, is among the pioneering Islamic banks in Sudan.
- Sudanese Islamic Bank (est. 1982) supports rural development and small producers.
- Islamic Co‑operative Development Bank, founded 1983, has national reach with 31 branches.
References
Frequently Asked Questions
What is the Sudanese Islamic Bank?
An Islamic credit institution established in 1982 in Khartoum offering Sharia‑compliant deposit, financing, and investment services ([emis.com](https://www.emis.com/php/company-profile/SD/Sudanese_Islamic_Bank-Pjsc__Sudanese_Islamic_Bank-Pjsc__en_4135253.html?utm_source=openai)).
When was Faisal Islamic Bank founded?
It was established in 1977 and is one of the pioneering Islamic banks in Sudan ([en.wikipedia.org](https://en.wikipedia.org/wiki/Faisal_Islamic_Bank_of_Sudan?utm_source=openai)).
What is the Islamic Co‑operative Development Bank’s reach?
Established in 1983, it is the third largest in Sudan with 31 branches across the country ([wiki.islamicfinance.de](https://wiki.islamicfinance.de/index.php?title=Islamic_Co-operative_Development_Bank&utm_source=openai)).
What is Tadamon Islamic Bank?
Tadamon (Al‑Tadamon) Islamic Bank was founded around 1980 as part of the wave of Islamic banks established after Sudan’s banking Islamization ([sbb.gov.tr](https://sbb.gov.tr/wp-content/uploads/2018/11/National_and_Global_Islamic_Financial_Architecture_Problems_and_Solutions_for_the_OIC_Member_Countries-.pdf?utm_source=openai)).
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