Cabo Verde

Nothing foundChecked 2026-11-14 · confidence low

No Islamic or participatory finance rule, licence, sukuk or takaful was found at Banco de Cabo Verde, which supervises banks and insurers, or at the securities regulator AGMVM, checked on 14 November 2026.

Five checks

Banking rulesNot found

The BCV legislation index for the financial sector (banking, insurance and markets; read in full, titles and descriptions) has no Islamic, sharia or participatory finance item. The texts of the laws were not read.

  • “Lei n.º 79/IX/2020, de 23 de março, BO n.º 35, I Série”
    Banco de Cabo Verde · accessed 2026-11-14
Licensed banks and windowsNot found
Sukuk issuedNot found
Takaful (non-interest insurance)Not found

BCV supervises insurers. Its list of supervised institutions names conventional insurers (such as Garantia, Impar and Aliança Seguros) and no takaful operator, and its legislation index has no takaful item.

  • “Garantia - Companhia de Seguros de Cabo Verde, S.A.”
    Banco de Cabo Verde · accessed 2026-11-14
Capital market rulesNot checked

A full-site search of AGMVM for 'islâmica' and for 'sukuk' returned no results. AGMVM's 'Regulação' page loads its document list by script and could not be read, so a rule cannot be ruled out. Left null.

Still open

Points we could not confirm at source yet.

  • AGMVM's regulation list could not be read directly; the site search found nothing.
  • Ministry of Finance site not checked for sukuk plans.
Where we searched
  • bcv.cv: home page, financial-sector legislation index (read in full), list of supervised banks and insurers
  • agmvm.cv: home page; site search for 'islâmica', 'sukuk' and 'obrigações' (control search returned results); /regulacao/ page (list loads by script, not readable)
  • bvc.cv: home page (bond segments and Treasury auction notices)
  • Web searches (English and Portuguese): Cabo Verde finança islâmica, banca islâmica, sukuk; no Cabo Verde-specific result