Uganda

The Financial Institutions (Amendment) Act 2016 allowed Islamic banking, and the Financial Institutions (Islamic Banking) Regulations were gazetted on 2 Feb 2018 (law firm report). The Insurance Regulatory Authority, a government regulator, confirms that the Bank of Uganda put these regulations in place. The regulation text itself could not be opened: the Bank of Uganda site is a script-only app and its old archive host no longer resolves.

• “Financial Institutions (Islamic Banking) Regulations (the "Regulations"), which were gazetted on 2 February 2018.”
  Legal 500 / Mondaq · 2018-04-16 · secondary
• “Islamic banking in the country, which was introduced by The Financial Institutions (Amendment) Act, 2016”
  Legal 500 / Mondaq · 2018-04-16 · secondary
• “the Bank of Uganda, did put in place Financial Institutions (Islamic Banking) Regulations operationalizing Islamic banking”
  Insurance Regulatory Authority of Uganda · 2026-02-12

• Salaam Bank Limited (Uganda), member of the Djibouti-based Salaam Group (Islamic banking licence from the Bank of Uganda, September 2023) · full bankSalaam Saving AccountsReal Estate FinancingAgriculture Financing

• “licensed the first Islamic Bank – Salaam Bank in September 2023”
  Insurance Regulatory Authority of Uganda · 2026-02-12
• “the Bank of Uganda has granted a license to the first financial institution engaged in Islamic banking.”
  Salaam Bank Uganda · 2023-06-03
• “Salaam Bank is regulated by the Central Bank of Uganda”
  Salaam Bank Uganda · not shown
• “At Salaam Bank, we offer a range of Sharia-compliant financial solutions tailored to your unique needs.”
  Salaam Bank Uganda · not shown
• “Salaam Bank Limited Ltd has become the first commercial bank to acquire a license to offer Islamic banking services in Uganda.”
  Salaam Bank Uganda · 2023-09-14

• “The Capital Markets Sukuk Guidelines, 2026”
  Capital Markets Authority Uganda · not shown

IRA Uganda lists the Insurance (Takaful and Retakaful) Regulations, 2025 (uploaded 30 Oct 2025) and Takaful Guidelines (uploaded 23 Aug 2024). Its licensed list shows Tamini General Insurance Uganda Limited as a takaful general insurer, and an IRA article of 12 Feb 2026 says it licensed this first takaful company 'in December last year'. Tamini's website is a script-only app, so its products could not be read. The regulation PDFs were not opened.

• “The Insurance (Takaful and Retakaful) Regulations, 2025”
  Insurance Regulatory Authority of Uganda · 2025-10-30 (upload date shown)
• “TAKAFUL GUIDELINES”
  Insurance Regulatory Authority of Uganda · 2024-08-23 (upload date shown)
• “PERPETUALLY LICENSED TAKAFUL-GENERAL TAMINI GENERAL INSURANCE UGANDA LIMITED”
  Insurance Regulatory Authority of Uganda · 2026-08 (upload folder)
• “It licensed the first Islamic insurance company -Tamini Insurance Company, operationalizing Sharia compliant insurance -Takaful.”
  Insurance Regulatory Authority of Uganda · 2026-02-12

CMA Uganda made the Capital Markets Sukuk Guidelines on 2 Jul 2026 under section 29(1)(d) of the Capital Markets Authority Act. They cover issuing sukuk, special purpose vehicles and trusts, Shari'ah advisory boards, holder meetings and sustainable sukuk.

• “The Capital Markets Sukuk Guidelines, 2026”
  Capital Markets Authority Uganda · not shown
• “These Guidelines may be cited as the Capital Markets Sukuk guidelines”
  Capital Markets Authority Uganda · 2026-07-02