Islamic Bank of Senegal (Banque Islamique du Senegal) (BIS)
The Islamic Bank of Senegal is a financial institution which was created in 1982 and constituted in the form of a public limited company under Senegalese law with a Board of Directors. In accordance with its articles of association, the company has the corporate purpose directly or indirectly, in all countries and more particularly in the Republic of Senegal, either for its own account or for the account of third parties or in participation and in any form whatsoever:
All banking, finance and credit operations, using funds received from private or public persons;
The provision of short, medium and long term credit;
All Islamic Financial operations according to the principles of Islam.
With the support of the main shareholders, the BIS intends to contribute to the economic development of Senegal through the achievement of the fundamental objectives set out in article 3 of its statutes, namely:
Carry out savings collection and credit distribution activities based on the principles laid down by Islam, thus meeting the needs and aspirations of a large part of the Senegalese population.
Offer modern and competitive banking services to businesses and economic operators in accordance with Islamic prescriptions.See more