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Trading

List of Islamic Banks in the Bahamas

Published by Gbaf News

Posted on April 12, 2013

1 min read

· Last updated: June 11, 2018

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1 Dar al Mal al Islami
2 Islamic Investment Company Ltd
3 Masraf Faisal Islamic Bank & Trust

Key Takeaways

  • Dar al‑Maal al‑Islami Trust (DMI Trust) operates Islamic banking services registered in the Bahamas, notably in Nassau.
  • Islamic Investment Company Ltd appears tied to DMI Trust operations in the Bahamas.
  • Masraf Faisal Islamic Bank Trust is affiliated with DMI Trust’s Faisal Islamic Bank group.
  • Nassau, Bahamas serves as the geographic hub for these Sharia‑compliant banking entities.

References

Frequently Asked Questions

Are these banks physically based in the Bahamas?
Dar al‑Maal al‑Islami Trust is registered and located in Nassau, The Bahamas; the others are likely affiliates through the same group.
What is the relationship between these entities?
They are part of the DMI Trust network; the Islamic Investment Company and Faisal Islamic Bank Trust are associated investment arms within that network.
Are these full‑service Islamic banks in the Bahamas?
They primarily function through the DMI Trust structure, offering Islamic banking and investment services rather than standalone retail banks.

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