Mogadishu, Somalia – Somalia is set to open its first National Securities Exchange in early 2026, marking a historic milestone in the country’s economic transformation and financial modernization. The exchange will initially trade in equities and Sukuk bonds, providing new opportunities for investors and businesses while diversifying the nation’s financial sector.
The establishment of the exchange comes as Somalia continues to stabilize its macroeconomic framework and strengthen regulatory institutions following decades of conflict and financial isolation. The initiative is expected to enhance investor confidence, encourage savings, and channel capital into key sectors such as agriculture, telecommunications, infrastructure, and energy.
The introduction of Sukuk bonds, an Islamic-compliant financial instrument, is anticipated to attract both local and foreign investors in Somalia’s predominantly Muslim market. This aligns the country with global Islamic finance trends, which have seen rapid growth across Africa, the Middle East, and Southeast Asia.
Preparations are underway to finalize the legal and regulatory frameworks required for the exchange, including mechanisms to ensure transparency, investor protection, and compliance with international financial standards. There are also discussions about potential partnerships with regional and international exchanges to provide technical expertise and training.
The National Securities Exchange is expected to mobilize domestic resources, expand access to capital markets, and provide companies with a platform to raise funds through public offerings. Citizens will also gain new opportunities to invest in the formal financial system, strengthening the role of the private sector in Somalia’s long-term economic recovery.
If launched successfully, the exchange will position Somalia among a growing number of African nations with domestic stock markets, symbolizing the country’s resilience and commitment to sustainable economic growth.