ZamZam, the full-fledged IFB opens

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(Photo: Anteneh Aklilu)

ZamZam Bank officially started its service as a full-fledged interest free banking in the country. This makes ZamZam the first Bank of its kind joining the financial sector to operate under Sharia principles in which all forms of interest are barred. The opening of ZamZam
Bank will enable financial inclusion of the society that has been seeking a full-
fledged interest free financing.
ZamZam’s main Branch, Alif, located at Wollo Sefer roundabout was officially inaugurated in the presence of Ahmed Shide, Minister of Finance, Yinager Dessie, Governor of the National Bank of Ethiopia and other invited guests.
Alif branch offers interest-free banking services, with customer convenience. ZamZam has invested in fully equipping its services with up-to-date technology, while further developing its digital fintech solutions.
ZamZam Bank will work to provide convenient banking solutions to its customers, in
line with the bank’s vision of becoming the leading Sharia-Compliant and an all-inclusive
bank in Africa.