Le Global Islamic Finance Award, remis le 6 septembre au président Ismaïl Omar Guelleh, récompense la formidable croissance de la finance islamique à Djibouti. Depuis la libéralisation du secteur bancaire, en 2006, les trois acteurs du pays, Saba Islamic Bank, Salaam African Bank et East Africa Bank, sont parvenus à s’octroyer 25% des comptes et 21% du total des actifs de la place. En 2016, pour veiller à la régularité des produits financiers, le pays a d’ailleurs installé un Comité national de la charia. Depuis six ans, la Banque centrale de Djibouti organise le grand rendez-vous africain de la finance islamique, l’International Islamic Banking Summit in Africa (IIBSA), dont la prochaine édition aura lieu en 2018.
Djibouti has hosted the last three summits of the African Conference of Islamic finance, mainly in order to attract foreign direct investment, including Muslim countries. The country’s economic expansion depends entirely on the service sector. Islamic banks have helped strengthen Djibouti’s financial ambitions. The four Islamic banks that have settled down the last eight years in the country are now holding 15 to 20% market share. Thesê banks could make Djibouti a sub-regional financial center.
Recently, the Islamic Banking Summit Africa (IBSA) started at the Djibouti Palace Kempinski, Djibouti. The main purpose of the event is to make use of the Africa opportunity in Islamic finance. More than 200 leading figures in the international Islamic banking and finance industry took part in the discussions on the topic. A special address by Ismail Omar Guelleh, President of Djibouti, and a keynote address by Djama M. Haid, Governor of the Central Bank of Djibouti, were included in the summit. Key challenges for Islamic banking in Africa were analyzed and discussed at length.
The two-day inaugural Islamic Banking Summit Africa (IBSA), which was held at at the Djibouti Palace Kempinski, Djibouti, focused on topics concerning 'capturing the Africa opportunity in Islamic finance'. More than 200 leading figures in the international Islamic banking and finance industry took part in the discussions. The event was officially supported by the Central Bank of Djibouti. The programme of the first day included keynotes from President of the Republic of Djibouti Ismail Omar Guelleh, and Governor of the Central Bank of Djibouti Djama M. Haid.
Over 200 leading figures in the international Islamic banking and finance industry took part in the inaugural Islamic Banking Summit Africa in Djibouti. They discussed various topics concerning capturing the Africa opportunity in Islamic finance. The two-day was held at the Djibouti Palace Kempinski and was officially supported by Central Bank of Djibouti. On the summit, it was pointed out that Africa was becoming an increasingly attractive destination for Sharia-compliant investments.
AllAfrica reported on 27 December 2008 about the openining of Salam African Bank collaborated by Somali and Djibouti businessmen and openend by Djibouti president Ismail Omar Guelleh.
Mohamed Yusuf Ahmed Allore is said to be one of the managers.