Eritrea
No official website of the Bank of Eritrea or any other Eritrean financial regulator could be reached on 14 November 2026, so no check could be completed.
Five checks
Banking rulesNot checked
Not checked: boe.gov.er did not respond. The Ministry of Information site (shabait.com) carries Bank of Eritrea legal notices on currency matters but no Islamic banking item in a site search for 'islamic bank'.
Licensed banks and windowsNot checked
Sukuk issuedNot checked
Takaful (non-interest insurance)Not checked
No insurance regulator site found. In a 2020 article on the Ministry of Information site, a senior executive of the National Insurance Corporation of Eritrea (NICE) wrote of a plan to develop takaful insurance. This is a 2020 company statement, not a regulator source, and no takaful product was found.
- “develop medical insurance, microinsurance and takaful insurance”
Eritrea Ministry of Information (shabait.com) · 2020-11-04 · secondary
Capital market rulesNot checked
Not checked: no securities regulator or exchange identified.
Still open
Points we could not confirm at source yet.
- Any official source on Eritrean banking law, licensed banks or insurance; none reachable.
- Did NICE ever launch the takaful product mentioned in 2020?
Where we searched
- boe.gov.er (http and https, with and without www): no connection
- eritrea.be: no connection
- shabait.com (Ministry of Information): site search for 'islamic bank', 'bank of eritrea' and 'takaful'
- Web search: Bank of Eritrea banking proclamation, Islamic or interest-free banking in Eritrea (no Eritrea-specific primary source)