ZamZam Bank is the first full pledged Islamic bank established in Ethiopia. It obtained a license on September 28, 2020 from the National bank to provide Interest free banking activities to customers in the country.


Istisna’ is a contract of sale of specified properties/assets to be manufactured or constructed with an obligation on the part of the Bank/seller to deliver them to the buyer/customer/purchaser upon completion as per the agreed complete specifications of the goods/assets/services or manufactured items, sales price, date and place of delivery.