Update on the Banking and Financial Institutions (Non‑Interest Banking Business) Regulations, 2025
By Dr. Temu 1. Introduction For many years, Tanzania’s Islamic finance landscape operated without a comprehensive regulatory guideline dedicated to Shari’ah‑compliant banking. Despite this gap, several banks had already begun offering Islamic products through dedicated windows, supported by internal Shari’ah Boards and approvals from the Bank of Tanzania. Institutions such as RDB, KCB, NBC, PBZ, […]