 Al Shamal Islamic Bank

The Al-Shamal Islamic Bank of Khartoum, founded in 1983, is one of the major financial institutions of Sudan, and one of the leading Islamic banks worldwide.A declassified U.S. Department of State report dated August, 1996 and a French investigation into Al Shamal Islamic Bank separately concur that Osama bin Laden invested $50m of his inherited fortune in the bank on his arrival in Sudan in 1991, in a joint venture with senior National Islamic Front members.