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Amal Bank

Amal Bank

Amal Bank is a modern Islamic bank that offers a wide range of financial products and services in Retail, Corporate, Institutional, Diaspora and Microfinance Banking. Based in Garowe and Mogadishu, Somalia. Amal Bank aims to be a leader in the financial services sector in the Horn of Africa through innovative, customized and shariah compliant financial products and services. The Bank is fully owned by Amal Group, a diversified global company that operates in various sectors: Microfinance, Money Transfer, Forex-exchange, Real Estate, Trade and Energy. Our vision is to be: "The leading Islamic Bank in the horn of Africa." Our mission is to be: "The Bank of choice for retail and corporate customers by offering innovative, customized and Shariah compliant financial products and services reliably, conveniently and profitably." At Amal Bank we offer financial products and services that add value to our customers lives, put simply, our mission is to help our customers realize their financial future no matter how big or small. Our financial products and services are innovative and customer-centric-as our customers' needs change and grow, we can provide them with a full range of solutions that fit their life. We reliably and conveniently offer a broad range of Islamic financial products and services through in-person delivery channels (Wide Branch and Agent Networks, ATMS, Call Centers) and complementary digital channels (Online, Mobile and SMS). The Bank commenced operations in 1998 by offering Amanah (limited deposit and withdrawal transactions). Today, Amal Bank is a well-capitalized Islamic bank with modern and convenient branches in urban and remote areas of Somalia to allow our customers easy access to financial services. We have friendly, knowledgeable, responsive and reliable staff, competent and experienced Board of Directors and experienced and time-tested management. Core Values

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About Amal Bank

Founded

1998

Estimated Revenue

$1M-$10M

Employees

251-1K

Category

Industry

Banking

Location

Country

Somalia
Amal Bank

Amal Bank

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