About Salaam Bank
Salaam Bank Limited stands proudly as a distinguished member of the Salaam Group of companies, a recognized and influential group within the Islamic finance sector in Djibouti. Its venture into the Ugandan financial landscape was characterized by a well-thought-out strategic acquisition of Top Finance Bank Ltd, positioning Salaam Bank as the first fully-fledged Islamic financial institution in the country.
This strategic move marked a significant milestone in the banking industry, providing Uganda with its inaugural fully-licensed Islamic bank.
The formalization of this expansion was underscored by the issuance of a license from the Bank of Uganda, a regulatory endorsement received on September 8, 2023. With this official recognition, Salaam Bank became the pioneer fully-fledged licensed Islamic bank in Uganda, establishing itself as a groundbreaking force in the nation’s banking sector.
Salaam Bank Limited brings a wealth of expertise and a commitment to delivering Sharia-compliant financial solutions to the people of all faiths in Uganda. With a vision to contribute significantly to the economic development of the region, Salaam Bank stands poised to serve as a beacon of Islamic banking, fostering financial inclusivity and innovation within the Ugandan community.
