Islamic banking in Mauritius

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C

Are there any banks in Mauritius which cater for the muslim community, that is, comply with Islamic laws (Sharia)? The payment or acceptance of specific interest or fees is forbidden and regular banks are not an option because of the way they operate in terms of interest accrued/owed on loans/savings.

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sphinx Level 2

HSBC Amanah Current Account - Shariah compliant account for basic business banking
HSBC Amanah Term Investment Account - Short to medium term investment solution for businesses to earn returns through a Murabaha Contract.
Link : www.hsbc.co.mu/1/2/offshore/islamic-banking

There's also Century Banking Corporation.

1 Reply

Muzzammil Level 2

Being a muslim, i tell you frankly, there is no genuine one,

I would suggest you

Found Century banking century

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C

crypto Level 1

Bramer also seems to offer some services.

Century Banking seems specifically geared towards islamic banking, but does not seem to target the retail market for now:

http://mba.mu/members/century.php

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anonymous_4 Level 1

banks want to maximize profits! market in mtius is limited.no genuine interest shown to open islamic banks.

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