The first full-fledged interest-free bank in Ethiopia

Istisna Financing

Discover Zamzam Bank’s Istisna Financing – a Sharia-compliant financial solution designed to support your project development and bring your customized product visions to life.

Ijarah Financing Istisna Financing

Istisna Financing Features and Benefits

Facilitates Economic Development

Istisna’ financing can support the development of infrastructure, industrial projects, and other economic activities, contributing to overall economic growth.

Financing for Construction Projects

Istisna’ financing allows customers to acquire assets that require manufacturing or construction, such as real estate, machinery, or infrastructure projects.

Customized Asset Development

The customer can specify the desired features and characteristics of the asset, allowing for tailored solutions to meet their needs.

Staged Payments

The payment for the asset is made in stages, typically linked to the progress of the manufacturing or construction process.

Deferred Delivery

The delivery of the completed asset to the customer is deferred until the full payment has been made.

Requirements for Istisna Financing

Defined Specifications

The asset to be constructed must be clearly defined in terms of its specifications, quality, and delivery timeline.

Open Communication

Engage in transparent and collaborative discussions to ensure a clear understanding of Istisna financing terms.

Required documents

The customer is required to provide certain documents.

The Istisna Financing Process

Project/Product Assessment and Agreement

Collaborative assessment to understand the unique aspects of the project or custom product.
Agreement on financing terms, including amount, milestones, and repayment structures.

Disbursement of Funds

Timely disbursement of funds aligned with project milestones or product development phases.
Ensures a steady flow of financial support throughout the development process.

Flexible Repayment

Adjustments to the repayment plan based on project progress or product development stages.
Accommodates changes in the project timeline without compromising financial stability.

Experience Tailored Financing with Zamzam Bank

Choose Istisna Financing at Zamzam Bank for a Sharia-compliant and collaborative financial solution. Whether it's project development or bringing a unique product to market, Zamzam Bank is your partner in transforming ideas into reality. Join us in building a future grounded in ethical and innovative financial principles.

Other Related Financing that might interest you

Bai’ Salam Financing

Musharakah Financing

Contact information

Ethiopia’s first with a full interest-free license, shaping ethical finance for a brighter future

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