Islamic Finance

Somaliland engages AlHuda CIBE to develop Islamic banking regulations


Somaliland have a strategic vision to develop 100% Shariah-compliant banking and financial system in the country: Abdinasir Ahmed Hirsi, Governor, Central Bank of Somaliland

AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) is pleased to announce the commencement of a major strategic consultancy assignment with the Central Bank of Somaliland (BoS), marking a significant step toward establishing a fully developed Islamic banking and capital market ecosystem in the country.

The inaugural meeting, held at the Central Bank of Somaliland headquarters, was attended by Mr. Muhammad Zubair- CEO, AlHuda CIBE FZ LLE UAE, Mr. Abdinasir Ahmed Hirsi, Governor, Central Bank of Somaliland, Mr. Hamse A. Khaire - Deputy Governor, and Director of the Public Debt Management Department Mr. Abdirahman Omar Ibrahim.

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