Company Performance Metrics
- Mubarak Sumaila: Founder and CEO
- Ali Halabyah: CTO
NylaBank is on a mission to become the world’s largest Islamic bank by empowering 1 billion people with innovative, Shariah-compliant financial tools. As Africa’s first digital Islamic bank, NylaBank offers ethical and Shariah-compliant financial products and services, with over 30,000 users already on our waitlist.
Our team brings a combined 35
years of experience across Islamic finance, fintech, and banking, having worked with leading organizations such as Wahed, IsDB, Standard Chartered Bank, and Google.
Founded after an oversubscribed pre-seed round, NylaBank is guided by world-renowned Islamic banking scholars, including Dr. Joe Bradford and Dr. Ziyaad Mohamed. Our advisory board also features a Nobel Prize winner, and other esteemed experts.
NylaBank is backed by Ingressive Capital, the Milken Institute, and angel investors, including a Mubadala partner.