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Islamic Finance

Digital finance that honours the principles of its users

A full suite of Shariah-compliant services for banks, microfinance institutions, and operators serving Ethiopia's Muslim communities — governed by an independent Shariah advisory board.

The gap

Millions of Ethiopians will not use interest-based financial products as a matter of faith. Conventional digital lending — however accessible — leaves this population unserved.

The opening

In 2025 the National Bank of Ethiopia lifted the credit cap for Shariah-compliant lenders — a regulatory green light for interest-free finance to scale. Credoks provides the certified product layer to serve it digitally.

The product suite

Murabaha Financing

Cost-plus financing for goods and assets: the price and margin are agreed openly up front, with no interest at any stage.

Wadia Wallet

Zero-interest safekeeping of customer funds — deposits held in trust, available on demand.

Kafala Guarantees

Peer and group guarantee structures that let communities stand behind each other's obligations.

Zakat & Sadaqah

Charitable giving built into the product experience — calculated, collected, and routed transparently.

Halal Marketplace

Certified products offered with compliant financing, from a single storefront.

Governance you can point to

Independent Shariah advisory board

Product structures reviewed and approved by independent scholars before launch.

Quarterly compliance audits

Recurring audits verify that live operations match the approved structures.

Published fatwas

Rulings behind each product are documented and available to partners and their customers.

Serving this market is a mandate, not a niche

Talk to us about launching certified interest-free products on your licence.

Talk to Our Team