Today we have one of the most robust Shariah governance framework in the world in place that is regularly revised to address the needs of this evolving and dynamic industry. To address the needs of faith sensitive clients Shariah compliant alternatives of existing refinance schemes have been introduced.
The four benefits provide us with a solution to Kenyans who view banks as expensive, have barriers to entry and have high transaction costs of maintaining accounts. What Kenyans need is access to bank accounts where they can save and transact easily. This move by Equity indeed answers to that challenge.