Burundi
KCB Bank Burundi, on BRB's list of licensed credit institutions at end 2024, runs an Islamic window called Sahl Banking, launched in September 2022, with named products on its own site. No Islamic banking, sukuk or takaful rules were found at BRB, ARMC or ARCA.
Five checks
Banking rulesNot found
No Islamic or interest-free banking text was found. BRB's legal-text pages for banks, microfinance and its own statute list none, the banking law (Loi n°1/17 of 22 Aug 2017, a scan read by OCR) has no such provision, and the 2026 licensing circular has none either. No BRB approval specific to KCB Bank Burundi's Islamic window was found.
- Banque de la République du Burundi · accessed 2026-11-14
- Banque de la République du Burundi · 2017-08-22
- Banque de la République du Burundi · 2026-09 (upload folder)
Licensed banks and windowsFound
- KCB Bank Burundi Limited, Islamic window 'Sahl Banking' (launched September 2022, per the bank) · windowContrat de financement Sahl MurabahahCompte Courant Sahl
- “KCB Bank Burundi Limited «KCB»”
Banque de la République du Burundi · 2025-12 (upload folder) - “Sahl Banking a été introduit dans le secteur bancaire sur le marché burundais depuis septembre 2022”
KCB Bank Burundi · not shown - “Murabahah est un mot arabe qui définit une transaction de vente d’un bien tangible entre un vendeur et un acheteur”
KCB Bank Burundi · not shown
Sukuk issuedNot found
- Autorité de Régulation du Marché des Capitaux (ARMC) · accessed 2026-11-14
Takaful (non-interest insurance)Not found
ARCA's laws, laws-and-regulations and licensing-decision pages show no takaful item.
- Agence de Régulation et de Contrôle des Assurances (ARCA) · accessed 2026-11-14
Capital market rulesNot found
ARMC's laws and decrees page and its regulations page list no Islamic or sukuk rules.
- Autorité de Régulation du Marché des Capitaux (ARMC) · accessed 2026-11-14
Recent developments
- 2022-09KCB Bank Burundi says it introduced its Sahl Banking Islamic window in September 2022, the first in Burundi. source
Still open
Points we could not confirm at source yet.
- Whether BRB gave KCB Bank Burundi a separate approval for the Sahl window; no BRB text on Islamic banking was found.
- The banking law was read by OCR only; the microfinance law text was not read for Islamic provisions.
- Other banks' Islamic offers (for example CRDB Bank Burundi) not checked.
Where we searched
- brb.bi (homepage; banking-sector legal texts; microfinance legal texts; BRB statutes page; 2026 licensing circular PDF)
- armc.bi (homepage; laws and decrees; ARMC regulations; licensed actors)
- arca.bi (homepage; laws; laws and regulations; licensing decisions)
- 14 Nov 2026 review: web search for Islamic finance in Burundi found KCB Bank Burundi's Sahl Banking pages; BRB supervision annual report 2024 (Annexe 5, licensed credit institutions); bi.kcbgroup.com Sahl pages; finbank.co.bi (no Islamic content)