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List of Islamic Banks in Yemen

Published by Gbaf News

Posted on April 2, 2013

1 min read

· Last updated: June 11, 2018

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1 Tadamon International Islamic Bank
2 Islamic Bank of Yemen
3 Saba Islamic Bank

Key Takeaways

  • Yemen hosts several Islamic banks including Tadhamon International Islamic Bank, Islamic Bank of Yemen, and Saba Islamic Bank.
  • Tadhamon International Islamic Bank is among the largest Islamic banks in Yemen, headquartered in Sana’a with extensive branch and ATM coverage.
  • Saba Islamic Bank, based in Sana’a, operates branches in Yemen (including Aden) and one in Djibouti.
  • Islamic Bank of Yemen was established in 1995–1996 as the first bank licensed for Islamic financial activities in Yemen.

References

Frequently Asked Questions

What is Tadhamon International Islamic Bank?
A leading Islamic bank in Yemen, founded in 1996 with its head office in Sana’a and a wide branch and ATM network adhering to Sharia law.
Where is Saba Islamic Bank located and what is its footprint?
Headquartered in Sana’a, Saba Islamic Bank operates multiple branches across Yemen and one branch in Djibouti.
When was the Islamic Bank of Yemen established?
It was licensed in August 1995 and officially inaugurated in June 1996 as Yemen’s first bank conducting Islamic financial activities.

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