AlHuda Center of Islamic Banking and Economics (CIBE) is a pioneer organization started its efforts to promote Islamic Banking and Finance Since 2005. In these working years, AlHuda CIBE is acknowledged all around the world due to its excellent services and its team of dedicated professionals who are equipped to continue thriving.

AlHuda CIBE has primarily been committed to provide quality services. Based on this principal, the recognition of AlHuda CIBE is increasing by leaps & bounds. It has built up a range of excellent services in the promotion of Islamic Banking and Finance into the masses such as Advisory & Consultancy, Research & Development, Education & Capacity Building, Shariah Advisory and Publications & Events.

AlHuda CIBE is increasing its outreach globally also making a close interaction with Global market which enables to gather market information efficiently and activate service operations whenever and wherever it needed.

About Islamic Finance in Uganda

Uganda has been flexible to respond to the new global trends, among others is including Islamic finance. This makes Uganda well positioned to become East Africa’s regional Islamic finance hub as it is the only Organization of Islamic Cooperation (OIC) member country and a country that enjoys a more comprehensive legal infrastructure of Islamic finance compared to other countries. While the operationalization of Islamic finance has delayed in the Ugandan Banking, Insurance, and Capital Market sectors. The Ugandan parliament passed legislation in June to authorize Islamic banking, which president Yoweri Museveni signed into law in August. Banking system based on the principles of Islamic or Sharia law. It is underpinned in application by concepts derived from the Quran and the writings of Islamic scholars because Islamic banking is a new concept in Uganda as compared to conventional banking system. Therefore, AlHuda CIBE - UAE is going to organize the specialized training in Kampala, Uganda on Practical Aspects of Islamic Banking, Takaful and Islamic Microfinance.

About Uganda:

Uganda is a landlocked country located in Eastern Africa that borders the countries of Democratic Republic of the Congo, Kenya, Rwanda, South Sudan, and Tanzania. Uganda is in the African Great Lakes region, lies within the Nile basin, and has a varied but generally modified equatorial climate. As of 2023, it has a population of around 49.6 million, of which 8.5 million live in the capital and largest city of Kampala.

The official language is English and in 2005 Swahili, which is foreign and so viewed as being neutral, was proposed as Uganda's second official language, but this has yet to be ratified by parliament. However, in 2022 Uganda decided to make Swahili a mandatory subject in the school curriculum. Uganda's current president is Yoweri Kaguta Museveni, who took power in January 1986 after a protracted six-year guerrilla war.