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Welcome
Increasing our branch network: The Chief Kadhi, Sheikh Hammad Kassim, (left) was the guest of honour during the opening ceremony of our second branch in Mombasa located on KASA House, Kenyatta Avenue. Assisting him to cut the ribbon is another special guest, Ali Taib, a businessman in Mombasa. Our customers in Mombasa can now access our services from two branches. Our other branch is in Najat House, Nkrumah Road.
Chairman Suleiman Shahbal, 5th right, CEO Najmul Hassan, 4th right, Lamu District Commissioner, S. Ikua, 2nd left, and other local dignitaries pray for the success of the Lamu branch when it was officially opened on 1st May 2009.


News
 
Islamic Finance News
 
22 May, 2009; Islamic finance's main promotional pitch is that it wasn't sucked in by the whirlpool that the global financial crisis turned into. Why? Because "the system is transparent, which helps risk-taking and profit-sharing among all, which in turn guides the market in a better direction," is the stock response. Read more...
 
What Kenya must do to promote Islamic banking
 
19 May, 2009; The concept of Islamic banking — a financial, banking and lending system in which interest is not chargeable, remains a mystery to many. A lot of people are often left wondering how Islamic banks are able to make a return. Read more...
 
Gulf African Bank Nominated Second Best Bank in Customer Satisfaction!!!
 
7 May, 2009; Gulf African Bank has been nominated as Second in Best Bank in Customer Satisfaction after only one year in operation... Read more...
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Weightages
ProductsProfit (MAY)Weight (JUN)
Savings KES1.9%0.25
Annisaa/Child/Student2.7%0.35
Hajj3.8%0.50
MAY Profits are out
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