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Islamic bank opens new branch in CBD in expansion drive

Group CEO DIB Bank Adnan Chilwan, Steve Mainda, Peter and Adan Mohamed. [Jonah Onyango, Standard]

Dubai Islamic Bank Kenya (DIB) has opened a branch in Nairobi’s Central Business District (CBD), the lender's sixth branch in Kenya.

DIB, which exclusively offers Sharia-compliant banking, has branches in Nairobi's Upperhill, Westlands and Eastleigh, and Bondeni and Moi Avenue in Mombasa. Chief Executive Peter Makau yesterday said the bank is targeting a huge market that needs Islamic banking services.

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