Moon Banking

ZamZam Bank

in Ethiopia 🇪🇹

ZamZam Bank in Ethiopia is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About ZamZam Bank in Ethiopia

ZamZam Bank is Ethiopia's first full-fledged interest-free Islamic bank, operating as a Sharia-compliant financial institution. The bank was established to enhance financial inclusion, particularly for communities alienated from the conventional banking system due to religious beliefs or other factors. Named after the holy ZamZam water of Makkah, the bank serves a diverse customer base of over 500,000 individuals across Ethiopia.

As of December 2024, ZamZam Bank operates 89 branches with more than 1,500 employees. The bank has achieved remarkable growth with total deposits reaching Birr 7.7 billion and total assets of Birr 11.5 billion.