UGIFICU is committed to strengthening Islamic cooperative finance through institutional support, governance, and innovation. It was established to deepen the principles and practices of Islamic finance in Uganda while remaining economically viable and sustainable.
Uganda Islamic Finance Cooperative Union Limited (UGIFICU) was registered in 2025 under number P.27317/RCS and is supervised and regulated under the Cooperative Societies Act Cap. 112 and the Uganda Cooperative Societies Regulations, 1992.
UGIFICU is founded on the dual purpose of cooperatives: a social purpose focused on implementing and deepening Islamic finance principles, and a commercial purpose focused on building a viable, growing, and sustainable institution.
UGIFICU aligns cooperative efforts with community needs, emphasizes disciplined resource management, and promotes both individual growth and holistic community development.
UGIFICU combines ethical finance principles with cooperative development to strengthen institutions, support members, and improve community well-being.
To be a global national union championing Islamic Finance Cooperative Societies in Uganda.
To promote and empower Islamic Finance Cooperative Societies in Uganda by offering specialized Islamic financial services for their sustainability.
Service to humanity, unity in diversity, and consultation for the socio-economic empowerment of members.
To foster management of Islamic Finance Cooperative Societies in Uganda.
UGIFICU’s values guide how the Union serves members, partners, and communities through ethical leadership and cooperative development.
UGIFICU’s main goal is to promote Islamic financial services in Uganda through practical programmes, advocacy, mentoring, networking, research, and institutional support.
UGIFICU works with cooperative societies, Islamic SACCOs, institutions, and development partners to advance sustainable Islamic finance systems in Uganda.
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