Top Muslim CEO Honored in Kenya—But Misses Major Award!
NAIROBI, KENYA – One of Kenya’s most influential financial leaders, Dr Gamaliel Hassan, has been recognized among the 50 Most Influential Muslim CEOs in Kenya for 2024/25. However, the Stima Sacco CEO missed the prestigious award ceremony due to critical preparations for the company’s 51st Annual General Meeting (AGM).
In a statement, the CEO expressed both honor and regret at not attending the event but emphasized the importance of the milestone Stima Sacco has achieved—becoming Africa’s first conventional Sacco to launch a Sharia-compliant banking window.
“Honored to be among the 50 Most Influential Muslim CEOs in Kenya 2024/25! Apologies for missing the award as I led @StimaSacco 51st AGM prep. Proud of our milestone as Africa’s 1st conventional Sacco to launch a Sharia Window, driving ethical finance & inclusion,” the CEO stated.
Pioneering Sharia-Compliant Banking in Africa
Stima Sacco’s move to introduce a Sharia-compliant financial window marks a significant leap forward in financial inclusion, particularly for Kenya’s Muslim community. Sharia banking, which adheres to Islamic financial principles, ensures that banking transactions avoid interest (riba) and promote ethical investments.
This innovation places Stima Sacco at the forefront of financial transformation in Africa, expanding services to a wider demographic while boosting ethical banking solutions.
Muslim CEOs Shaping Kenya’s Business Landscape
The 50 Most Influential Muslim CEOs in Kenya awards recognize top Muslim business leaders making a significant impact in various sectors. From banking and technology to healthcare and manufacturing, these executives are driving Kenya’s economic growth while upholding ethical and inclusive business practices.
The list was compiled by The Muslim Media (TMM), an organization dedicated to amplifying the achievements of Muslim professionals and businesses across Africa.
A Message of Blessings During Ramadhan
As the world observes the holy month of Ramadhan, the CEO took the opportunity to wish Muslims peace and blessings, highlighting the spiritual significance of the month.
“Ramadhan Kareem—may this month bring peace & blessings,” the CEO concluded.
Honored to be among the 50 Most Influential Muslim CEOs in Kenya 2024/25! Apologies for missing the award as I led @stimasacco 51st AGM prep. Proud of our milestone as Africa’s 1st conventional Sacco to launch a Sharia Window, driving ethical finance & inclusion. Congrats to all… pic.twitter.com/kv8oWQZOS5
— Dr. GAMALIEL HASSAN A.A. (@GAMALIELHASSAN) March 1, 2025
Stima Sacco’s Growing Influence in Kenya’s Financial Sector
With a strong focus on innovation and ethical banking, Stima Sacco continues to cement its position as a leader in Kenya’s financial sector. The introduction of Sharia-compliant banking is expected to attract more members and enhance financial accessibility for the Muslim community.
The Sacco’s commitment to inclusion, integrity, and innovation aligns with Kenya’s broader push toward financial diversity and accessibility.
Conclusion
As one of Kenya’s most influential Muslim CEOs, [Name] is not only leading Stima Sacco to new heights but also championing ethical finance and financial inclusion. Despite missing the award ceremony, the CEO’s dedication to the Sacco’s growth and its members’ welfare remains clear.
With Sharia-compliant banking now a reality at Stima Sacco, Kenya’s financial landscape is evolving, paving the way for greater inclusion and ethical investment opportunities.
