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.
To elevate East African communities through ethical and accessible financial solutions, rooted in values of fairness and integrity, to foster economic empowerment and societal well-being.
To drive Prosperity in East Africa through Innovative and Ethical Banking Practices.
To revolutionize banking with compassionate, value-driven, ethical practices, fueling sustainable prosperity and community growth.