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Press Releases
Shelter Afrique secures technical assistance grant from IsDBI to develop affordable Islamic housing products
Shelter Afrique sees the development of Islamic finance products as a viable alternative financing model to effectively address Africa’s housing and urban development challenges
December 8, 2023
Banking
BoU grants Salaam Bank first Islamic finance licence
Salaam Bank Ltd was granted Uganda's first Islamic banking licence, weeks after the president assented to the final piece of legislation paving way for the banking method
September 10, 2023
Politics & Policy
No bank has applied for Islamic banking licence – BoU
No bank has formally applied for an Islamic banking licence even though there have been expressions of interest in the model from both local and international institutions, according to the deputy governor of the Bank of Uganda, Louis Kasekende
June 25, 2018
Politics & Policy
Bank of Uganda, central bank of Sudan to strengthen ties
Bank of Uganda and the Central Bank of Sudan have agreed to explore all avenues to consolidate and expand trade and investment between Uganda and Sudan
November 14, 2017