Dahabshil Bank International Overview and Company Profile

Dahabshil Bank International is a Somali bank that offers a range of financial services to individuals and businesses.

The bank is headquartered in Mogadishu, Somalia, and was founded in 1994 by Abdirashid Duale.

Dahabshil Bank International has a strong presence in the Somali market, with a network of over 150 branches across the country.

The bank's services include savings accounts, current accounts, and loans for individuals and businesses.

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Dahabshil Bank International is a fully fledged Sharia bank licensed by both Central Banks of Somalia and Somaliland.

The bank was launched in 2012 and its primary interest is in East Africa, Gulf Region, Western Europe and North America.

DBI is committed to providing accessible and affordable Sharia compliant financial solutions to its customers, and has displayed magnificent growth in terms of balance sheet size since its inception.

Dahabshil Bank International (DBI) is a full-service Islamic bank licensed by the central banks of Somalia and Somaliland.

DBI offers corporate and personal banking, including dedicated Dahabo accounts for its female clients.

Through its asset financing wing, DBI is powering the economic revitalization of the Somali peninsula.

DBI is committed to providing accessible and affordable Sharia compliant financial solutions to its customers.

The bank has displayed magnificent growth in terms of balance sheet size and system since its inception in 2012.

DBI's dedication to its customers has led to an ever-increasing demand for its products, a testament to its progress.

NAICS codes are used to categorize businesses for statistical purposes, and they can be especially useful for Islamic banks like Dahabshil Bank International. The NAICS code for Dahabshil Bank International is 522110, 52211, 52, 5221, and 522.

Islamic banks often operate in multiple sectors, and NAICS codes help identify their primary and secondary activities. Dahabshil Bank International's NAICS codes reflect its focus on commercial banking services.

Knowing the NAICS code for an Islamic bank can be helpful for regulatory compliance and industry analysis. Dahabshil Bank International's NAICS codes provide a clear indication of its business operations.

Islamic banks often have unique business models that distinguish them from conventional banks. Dahabshil Bank International's NAICS codes highlight its position in the banking industry.

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Dahabshil Bank International prioritizes compliance and security to ensure safe and trustworthy financial services.

The bank uses sophisticated software for onboarding and client monitoring to screen against comprehensive sanctions databases.

This robust system helps prevent financial crimes and maintains a secure environment for customers.

In the context of Compliance and Security, Anti-Money Laundering & Counter-Terrorist Financing (AML/CTF) policies and procedures are crucial for companies operating in high-risk environments.

Dahabshiil group companies have invested significant resources and attention to AML/CTF policies and procedures, given that they operate primarily in most conflict-affected and fragile regions of the world.

To effectively prevent money laundering and terrorist financing, Dahabshiil group financial service companies use robust policies and procedures that are regularly reviewed and updated.

By doing so, these companies can minimize the risk of being used for illicit activities and maintain a strong reputation in the industry.

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KYC is a top priority for financial services companies, and Dahabshiil Group is no exception. They maintain dedicated departments and teams to ensure their KYC policies meet or exceed jurisdictional criteria.

These teams work tirelessly to monitor transactions and detect suspicious activities. This level of scrutiny helps prevent financial crimes and maintains the trust of customers.

Dahabshiil Group's commitment to KYC is a testament to their dedication to security and compliance. By staying ahead of the curve, they protect their customers and the integrity of the financial system.

Data protection is a top priority for any organization, and the Dahabshiil Group is no exception. They maintain comprehensive data protection policies based on six guiding principles.

These principles are designed to ensure that personal data is handled responsibly and with integrity. The first principle is lawfulness, fairness, and transparency - ensuring that data is collected and used in a way that's transparent and fair.

The Dahabshiil Group's data protection policies also emphasize the importance of purpose limitation, which means that data is only collected and used for specific, legitimate purposes. This helps prevent data from being misused or shared unnecessarily.

Data minimisation is another key principle, which means that only the minimum amount of data necessary is collected and stored. This helps reduce the risk of data breaches and protects individuals' privacy.

Accuracy is also crucial, ensuring that data is accurate and up-to-date. This helps prevent errors and miscommunications.

The Dahabshiil Group's data protection policies also include a principle of storage period limitation, which means that data is only kept for as long as necessary. This helps prevent data from being stored unnecessarily and reduces the risk of data breaches.

Finally, the integrity and confidentiality of data are ensured through robust security measures. This helps protect individuals' personal data and prevent unauthorized access.

Here are the six guiding principles of the Dahabshiil Group's data protection policies:

Dahabshil Bank International was launched in 2012.

The bank is fully fledged Sharia bank licensed by both Central Banks of Somalia and Somaliland.

DBI's primary interest is in East Africa, Gulf Region, Western Europe, and North America.

The bank's goal is to provide accessible and affordable sharia compliant financial solutions to its customers.

DBI has displayed magnificent growth in terms of balance sheet size and system since its inception.

Dahabshil Bank International's annual revenue was $6.9 million in 2025.

The bank's financial performance is a crucial aspect to consider when evaluating its overall health and stability.

Dahabshil Bank International's annual revenue was a significant $6.9 million in 2025.

This revenue figure can give us an idea of the bank's ability to generate income and support its operations.

The bank's financial reports are a great resource for those interested in learning more about its revenue and financial performance.

Dahabshil Bank International's annual revenue was indeed $6.9 million in 2025.

Dahabshil Bank International is based in Hargeysa, Woqooyi Galbeed.

If you're looking for a bank with a presence in Somalia, you might want to consider Dahabshil Bank International.

The bank is based in Hargeysa, a city in the Woqooyi Galbeed region of Somalia.

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Dahabshil Bank International has a strong presence in the Middle East and Africa, with a network of over 2,000 branches across 10 countries.

The bank's headquarters is located in Dubai, UAE, and it has a significant presence in Somaliland, with over 100 branches.

Dahabshil Bank International offers a range of banking services to individuals and businesses, including remittances, money transfers, and savings accounts.

Dahabshil Bank International employs 175 people.

Bank employees play a crucial role in providing financial services to customers.

The bank's small workforce suggests a lean and efficient operation.

175 employees is a relatively small number, especially compared to larger banks.

This could be due to the bank's focus on specific services or its business model.

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Looking up the SIC code for a bank can be a bit of a challenge, but I've got you covered. The SIC code for Dahabshil Bank International is 602.

Dahabshil Bank International also has a secondary SIC code of 60.