---
id: 232
title: "The Increasing Demand for Shari’ah Compliant Banking Helps Drive Growth at Gulf African Bank"
award_year: 2012
published: 2012-11-15 16:42:17
published_gmt: 2012-11-15 16:42:17
author: "CFI.co Editorial"
url: "https://cfi.co/awards/africa/2012/the-increasing-demand-for-shariah-compliant-banking-helps-drive-growth-at-gulf-africa-bank/"
categories: ["Africa", "Banking", "Finance"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20210921102635
wayback_snapshot_url: "http://web.archive.org/web/20210921102635/https://cfi.co/awards/africa/2012/the-increasing-demand-for-shariah-compliant-banking-helps-drive-growth-at-gulf-africa-bank/"
license: CFI-OAAL-1.0
content_sha256: e4e85fd2883c7452262f4c52c867307742c43cbd52586f6c46829380ba3244e9
canonical: 232-the-increasing-demand-for-shariah-compliant-banking-helps-drive-growth-at-gulf-a.json
---

# The Increasing Demand for Shari’ah Compliant Banking Helps Drive Growth at Gulf African Bank

> Verbatim archived copy. Canonical machine record: `232-the-increasing-demand-for-shariah-compliant-banking-helps-drive-growth-at-gulf-a.json`.

<p style="text-align: justify;"><a href="https://cfi.co/awards/wp-content/uploads/2012/10/gab.gif"><img class=" size-full wp-image-233 aligncenter" title="gab" src="https://cfi.co/awards/wp-content/uploads/2012/10/gab.gif" alt="" width="235" height="140" /></a><strong>Gulf African Bank (GAB) wins the 2012 award for Best Islamic Bank in Kenya.</strong></p>
<p style="text-align: justify;">The award reflects the achievements at the bank since 2008 when it was first granted a full commercial banking license as a dedicated Islamic Bank. The rapid growth over the past four years is testament not only to the demand for Shari’ah compliant products but also to the innovative approach of GAB, the continual improvements there and the habit of putting the needs of the client first. We fully expect to see GAB continue to grow rapidly as one of  the leading banks in the region.</p>
<p style="text-align: center;"><img class="aligncenter size-full wp-image-302" title="gabCEO" src="https://cfi.co/awards/wp-content/uploads/2012/10/gabCEO.jpg" alt="" width="700" height="627" /></p>