ZamZam Bank S.C., which entered the market 5 years ago as the first Full-fledged interest-free bank in the Ethiopian banking sector, is pleased to announce that the Ethiopian Capital Market Authority (ECMA) has officially confirmed the approval of its Prospectus. This prospectus details the company’s existing 5,000,000 (five million) shares valued at 5,000,000,000 (five billion) Birr, alongside capital raising for an additional 1,000,000 (one million) shares valued at 1,000,000,000 (one billion) Birr through dividend capitalization and preferred rights subscription.

This historic milestone follows the provisions under the Public Offer and Trading of Securities Directive No. 1030/2024, which mandate the formal registration of all publicly offered securities. This approval paves the way for a legal, efficient, and inclusive share transaction environment while significantly boosting the bank’s capital.

This registration positioned ZamZam bank as the first full-fledged interest free bank not only in Ethiopia but also in central, eastern and southern Africa to successfully meet and get registration of capital market authority.

To celebrate this milestone, ZamZam Bank, alongside our Transaction Advisor, Wegagen Investment Bank, hosted a joint press conference today,July 3, 2026 E.C., at Aya Hotel.

ZamZam Bank — Sustainable Source of Growth!