The Center for Islamic Finance, Compliance and Advice (CIFCA) was established in the year 2010 to assist in fostering the growth of the Islamic Banking and Finance in Tanzania. The idea formally rigorously discussed in 2008 when a group of Muslim intellectuals, sheikhs and shariah scholars met at the Muslim University of Morogoro (MUM) to discuss the potentialities, the need for, challenges and the best strategies for promotion of Islamic Banking and Finance in Tanzania. The Center’s vision is to be the most comprehensive advice and knowledge support provider for the Islamic Financial Industry in Tanzania.