NAIROBI, April 28 (Reuters
) - Kenya's central bank said on Friday it had issued a licence to DIB
Bank Kenya Ltd, a unit of United Arab Emirates-based Dubai Islamic Bank
, to operate in the east African nation.
intends to exclusively offer shariah-compliant banking services in Kenya," the Central Bank of Kenya said in a statement. "DIB
's entry will expand the offerings in the market, particularly in the nascent shariah-compliant banking niche."
(Reporting by George Obulutsa; Editing by Biju Dwarakanath) ((email@example.com; Tel: +254 20 499 1232; Reuters