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Frequently Asked Questions

Answers to common questions about SIBK, our licensing, our services, and how to work with us.

About SIBK and Licensing

Is SIBK a licensed institution?

Yes. Salaam Investment Bank Kenya Limited is licensed by the Capital Markets Authority of Kenya as an investment bank under CMA Licence No. 115, and operates under the Capital Markets Act, Cap. 485A, Laws of Kenya. See our Regulatory Compliance page for full detail.

Is SIBK Sharia compliant?

Yes. SIBK is a Sharia compliant investment bank. Every product, mandate, and transaction is free of Riba and Gharar, invested only in permitted business activity, and overseen by SIBK's Shariah Compliance Officer.

Who oversees SIBK's Sharia compliance?

SIBK's Shariah Compliance Officer reviews our products, mandates, and transactions on an ongoing basis to ensure they meet those standards.

Who owns SIBK?

SIBK is a subsidiary of Salaam African Bank, Djibouti, and a member of the wider Salaam Group. See our About Us page for more on our ownership and leadership.

Corporate Finance and Transaction Advisory

What kind of clients does the Corporate Finance team advise?

We advise corporates, entrepreneurs, financial institutions, and public sector clients on mergers and acquisitions and on capital raising, including equity, debt, and Sharia compliant structures such as Sukuk and Murabaha.

How does an advisory mandate begin?

It starts with a conversation about what you're trying to do — a transaction, a capital raise, a restructuring. From there we scope the mandate, agree terms, and get to work.

Does SIBK act on both sides of a transaction?

No. We hold no proprietary capital, so the only outcome we're working toward is the client's.

Contractual Portfolio Management

What is the difference between discretionary and non discretionary portfolio management?

Under a discretionary mandate, SIBK manages your portfolio within agreed parameters without requiring approval for each transaction. Under a non discretionary mandate, we provide research and recommendations, but every transaction requires your prior approval. See our Portfolio Management page for full detail.

What is the minimum amount required to open a mandate?

Minimum mandate sizes vary depending on the type of portfolio and asset classes involved, and are agreed directly with your adviser during onboarding. Speak to our team for guidance suited to your circumstances.

Can my portfolio be fully Sharia compliant?

Yes. We offer fully Sharia compliant mandates — holdings screened and structured using Sukuk, Murabaha placements, and screened equities in place of conventional bonds and interest-bearing deposits.

How will I know how my portfolio is performing?

Clients receive regular, transparent portfolio reporting, including performance attribution and holdings disclosure, in line with the terms of their mandate.

Fees

How are your fees structured?

Fees depend on the nature and scope of the engagement, whether an advisory mandate or a portfolio management mandate, and are agreed and disclosed in full before any work begins. There are no hidden charges.

Getting Started

What do I need to open an account or begin a mandate?

As a regulated institution, we are required to verify your identity and the source of your funds before onboarding. This typically involves proof of identity, proof of address, and, for corporate or institutional clients, incorporation and beneficial ownership documents. Our team will guide you through exactly what is required for your circumstances.

How do I get in touch with an adviser?

You can reach us through our Contact Us page, by telephone on 020 780 5660, or by email at info@salaaminvestments.com. An adviser will typically respond within one business day.

What if I am not satisfied with SIBK's service?

We aim to resolve concerns quickly and fairly. If you'd like to raise a complaint, see our complaints handling process.

Still Have a Question?

Our advisers are ready to help with anything not covered here.