Salaam Banks Mobile App
“Can Salaam Bank become the leading Islamic mobile bank in Somalia and East Africa by combining Shariah-compliant financial services with modern fintech infrastructure like card issuing and payroll?”
HQMogadishu, Somalia
IndustryFintech / SMB banking
The story
Salaam Bank operates as an Islamic mobile-first bank in Somalia, offering retail and business banking services via its mobile app (also branded Waafi). The bank provides payroll/bulk payment services, bank cards, and SWIFT transfers under full Shariah compliance. The partnership with Paymentology positions it to issue payment cards through a modern card processing infrastructure in an underbanked East African market.
Last 12 months
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The stack
Card issuing
Accounting gap: none