Trusted financial solutions across Somalia and beyond.
Remittance and Sharia-compliant banking — one group.
Remittance and ethical banking — built for the Horn of Africa and beyond.
Across 14 countries, Tawakal Group connects diaspora communities with secure payments, AAOIFI-standard Islamic finance, and the tools businesses need to grow.
More about Tawakal Group
Licensed & compliant
Licensed remittance in 14 countries; SomBank regulated by the Central Bank of Somalia.
Community impact
Humanitarian remittance and inclusive financing for farmers, youth, and women.
Digital-first
T-Plus, Banana Pay, T-Shield, and real-time mobile wallet transfers.
Award-winning
Somali Hero and Global Somali Awards recognition in 2025.
What we do
- 01International remittanceCross-border transfers to 14 countries — cash pickup, bank deposits, and real-time mobile wallets via Tawakal Express.
- 02Sharia-compliant bankingPersonal, SME, diaspora, and institutional accounts — licensed by the Central Bank of Somalia, AAOIFI member.
- 03Digital wallets & paymentsT-Plus, Banana Pay, M-PESA, EVC PLUS, Sahal, ZAAD, and Airtel Money — send, pay bills, and top up globally.
- 04Financing & inclusionHaqabtire, Ifiye, and Shukri programs — plus home, education, agriculture, and Umra financing at SomBank.
- 05Diaspora & humanitarianDiaspora accounts, Tawakal remittance, and NGO-led aid distribution with transparent, secure transfers.
- 06Business paymentsCross-border payroll, vendor payments, bulk transfers, and NGO disbursements via Tawakal Express.
The group at a glance
- 14+
- Countries served
- 9+
- SomBank cities & agents
- 22+
- Years of remittance
- 2
- Group companies
Mission & Vision
Our mission
To deliver secure, fast, and trusted financial services — remittance and Sharia-compliant banking — that empower individuals, businesses, and communities to move money and build prosperity with confidence.
Our vision
To be the most trusted financial group in the Horn of Africa and beyond — connecting people worldwide through innovation, compliance, and inclusive services.
Trust & credibility
Fully licensed
Tawakal Express is licensed in 14 countries with U.S. operations through Banana Pay LLC. SomBank is regulated by the Central Bank of Somalia.
Global partnerships
Integrated with M-PESA, SWIFT, Sahay (Ethiopia), Balad (Egypt), PayOnTime (Europe), SomBank, and major mobile wallet networks.
AAOIFI member
SomBank upholds the global gold standard in Islamic finance as a member of the Accounting and Auditing Organization for Islamic Financial Institutions.
Award-winning leadership
Best CEO 2025 at the Somali Hero Awards and Best Remittance Services at the Global Somali Awards.
Latest news
No news yet
Announcements and updates from across the group will appear here soon.