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Amal Bank logo — company profile

Amal Bank

Founded 1998 Somalia Somalia 154 employees Finance, Financial Services +1

General Information

Company Name Amal Bank
Founded Year 1998
Location Somalia Somalia
Founders / Decision Makers
Team member
Employees 154
Industries Finance, Financial Services, Banking
Social

BounceWatch is an independent company data service, not affiliated with Amal Bank . To contact Amal Bank , visit amalbankso.so.

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About Amal Bank

Amal Bank is a modern Islamic bank based in Garowe and Mogadishu, Somalia. It offers a wide range of financial products and services in Retail, Corporate, Institutional, Diaspora, and Microfinance Banking. The bank is fully owned by Amal Group, a diversified global company operating in Microfinance, Money Transfer, Forex-exchange, Real Estate, Trade, and Energy sectors. The company's vision is to become “The leading Islamic Bank in the horn of Africa,” with a mission 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.” 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. It endeavors to add value to customers’ lives by offering reliable and convenient 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). Established in 1998, Amal Bank is positioned to cater to the growing financial needs of the region, serving as a key player in the Islamic banking industry.

No funding data available for Amal Bank yet.

Amal Bank Alternatives & Competitors

Amal Bank vs
alrajhi bank Malaysia
alrajhi bank Malaysia Malaysia

Forward-thinking Shariah-compliant banking

275 employees
Finance, Financial Services
Amal Bank vs
Emirates Islamic
Emirates Islamic

Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution...

Debt Financing
4352 employees
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Amal Bank vs
Hong Leong MSIG Takaful
Hong Leong MSIG Takaful Malaysia

Driving on the vision to be the preferred takaful provider

655 employees
Finance, Financial Services

FAQ About 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...
Amal Bank was founded in 1998.
Amal Bank is headquartered in Somalia.
Amal Bank operates in Finance, Financial Services and Banking.
Amal Bank has approximately 154 employees.
Top alternatives and competitors to Amal Bank include alrajhi bank Malaysia, Emirates Islamic, Hong Leong MSIG Takaful, SomBank, Kuwait Finance House. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Amal Bank and alrajhi bank Malaysia are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Amal Bank , https://bouncewatch.com/company/amal-bank, updated 30 November 2024. When citing, please name BounceWatch and link this page.

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