Amal Bank is a modern Islamic bank based in Garowe and Mogadishu, Somalia. It offers a wide range of financial products and services in Retail, Corporate, Institutional, Diaspora, and Microfinance Banking. The bank is fully owned by Amal Group, a diversified global company operating in Microfinance, Money Transfer, Forex-exchange, Real Estate, Trade, and Energy sectors. The company's vision is to become “The leading Islamic Bank in the horn of Africa,” with a mission to be “The Bank of choice for retail and corporate customers by offering innovative, customized and Shariah compliant financial products and services reliably, conveniently and profitably.” Amal Bank aims to be a leader in the financial services sector in the Horn of Africa through innovative, customized, and shariah compliant financial products and services. It endeavors to add value to customers’ lives by offering reliable and convenient Islamic financial products and services through in-person delivery channels (Wide Branch and Agent Networks, ATMS, Call Centers) and complementary digital channels (Online, Mobile, and SMS). Established in 1998, Amal Bank is positioned to cater to the growing financial needs of the region, serving as a key player in the Islamic banking industry.
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