Islamic Finance Awards national winners 2025: Tanzania

Best Islamic bank 2025: CRDB Al Barakah Banking

CRDB Al Barakah Banking has distinguished itself within the Islamic banking sector in Tanzania thanks to its multifaceted approach to growth, innovation and adherence to Shariah-compliant products, which demonstrate the bank’s dedication to ethics and financial inclusivity. 

At the heart of CRDB Al Barakah Banking’s success lies its remarkable market growth and expansion of its customer base. In just one year, from December 2023 to December 2024, the bank saw its customer numbers swell by 162%, reaching over 296,000.

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