History and Size of the Gulf African Bank The history behind the origin of the Gulf African Bank Limited is traced in the year 2005 when a group of motivated Kenyans and people from the Persian Gulf envisioned establishing an Islamic Bank as an alternative bank to the conventional banking in the country

History and Size of the Gulf African Bank
The history behind the origin of the Gulf African Bank Limited is traced in the year 2005 when a group of motivated Kenyans and people from the Persian Gulf envisioned establishing an Islamic Bank as an alternative bank to the conventional banking in the country. The Gulf African Bank however became fully incorporated on the August 9th,2008 when it historically became the first and largest Islamic Bank in Kenya and also one of the fastest growing banks in the history of the banking sector in Kenya. The bank conducts all its business activities on the guidelines and principles of the Sheri’ah, The Islamic law, these laws provides an ethical and fair mode of banking for all the clients and the company itself. Even though the Gulf African Bank is an Islamic bank, the services it offers are not only for the Muslims but it addresses the needs of everyone that is, non-Muslims, corporate companies and institutions.

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