Lana - Interest free Microfinance
Interest Free Microfinance service wing of the institution has secured the permit of operation from National Bank of Ethiopia in December 23, 2024 and started operation in February , 2025. The newly introduced Interest Free Microfinance service was named ‘Lana’ which provides the following products to esteemed customers as per the Sharia law.
- Saving Products
- Financing Products
Wadia Saving
Mudaraba Saving
Mudaraba Investment
Women Saving
Children Saving
Murabaha
Ijarah
Musharakah
Qard Al Hassen
Salam
Istisna