First Community Bank is the first Bank approved by the Central Bank of Kenya (CBK) under Cap 488 of the Banking Act to operate as a full-fledged Sharia Compliant banking institution. The bank received its formal approval from the Central Bank of Kenya (CBK) on May 29th 2007 thereby opening the door for Sharia Compliant banking not only in Kenya but indeed in the entire East and Central African region.

The bank is owned by a diverse base of community businessmen and professionals from Kenya and Tanzania. The bank commenced official operations on 1st June 2008.

The bank has a dedicated team of employees who are well trained to deliver the highest levels of service to its clientele. As a committed Kenyan Bank, FCB’s motive is to take its alternative form of Banking to as many places as possible within the country. In this regard, we have planned for about 17 branches to be fully operational by the end of our second year of operation. Regionally, we have put into place mid-term plans to establish operations in other East African financial centers where we believe there is sufficient demand for Sharia Compliant financial services.

As a Pioneer Sharia Compliant banking institution, FCB, in addition to its core banking business, is also in the final stages of bringing to Kenya a number of other innovative Sharia Compliant products such as Islamic Insurance (Takaful), Islamic Bonds (Sukuk) and Sharia Compliant Mutual Funds and Shares trading.
All our products and services are offered on fully Sharia Compliant basis as approved by our Sharia Advisory Board which comprises of prominent Islamic scholars both from inside and outside Kenya.