The Ethiopian Interest Free FinanceProfessionals Association (EIFFPA) hasundertaken its third regular general assembly(GA) of members on August 13, 2023. TheGA has been held in Alnahari hotel (wollosefer) for a half day.The performance of the association and itsfinancial position for the fiscal year endingSene 30 (July 7) 2023 presented by thePresident of the association representing theExecutive …

The third regular general assembly of EIFFPA members Read More »

EIFFPA has provided further training sessions on the Basics of Interest Free Finance (BIFF) in twobatches for participants registered from different banks. Both sessions have been given atAphrodite Hotel in Kazanchis, Addis Ababa. The first one has been delivered on May 23 and 24,2023 to 30 participants. The second session has been accomplished in two …

Training news from EIFFPA – May and June 2023 Read More »

The Ethiopian Interest Free Finance professionals association (EIFFPA) has delivered a two days training on the basics of interest free finance on March 14 and 15, 2023. The training has been provided in Grand Eliana Hotel to 37 bankers participated from different banks operating in the market. The major purpose of the training is to …

EIFFPA provided training on ‘the basics of interest free finance’ Read More »

(አዲስ አበባ ፡ የካቲት 18 ቀን 2015) የኢትዮጵያ ከወለድ ነጻ የፋይናንስ ባለሙያዎች ማህበር ከኢትዮጵያ እስልምና ጉዳዮች ጠቅላይምክር ቤት የዑለሞች ጉባኤ ጽ/ቤት ጋር በመተባበር የመጀመሪያውን “የኢትዮጵያ የሸሪዓ አማካሪዎች ዓመታዊ ጉባኤ” ቅዳሜ የካቲት 18ቀን 2015 በኢትዮጵያ ንግድ ባንክ “ዛጉዌ” የመሰብሰቢያ አዳራሽ ‘የሸሪዓ አማካሪዎች የጋራ ምክክር ለተሟላ የወለድ ነጻ አገልግሎት’በሚል መሪ ቃል አካሄደ።በጉባኤው ላይ የኢትዮጵያ እስልምና ጉዳዮች ጠቅላይ …

የኢትዮጵያ ከወለድ ነጻ የፋይናንስ ባለሙያዎች ማህበር “የመጀመሪያውን የኢትዮጵያ የሸሪዓ አማካሪዎች ዓመታዊ ጉባኤ” አካሔደ Read More »

First ESAAW EIFFPA in collaboration with the Ethiopian Muslim Ulema Council is organizing a half day workshop named as ESAAW (Ethiopian Sharia Advisors Annual Workshop) with the theme of ‘Sharia Advisors cooperation to enhance interest free finance!’. The workshop is to be held on February 25, 2023, in the presence of several stakeholders including the …

First ESAAW Read More »

EIFFPA (Ethiopian Interest Free Finance Professionals Association) has successfully held its second ordinary general assembly of member on August 14, 2022 at Alnahari Hotel – Addis Ababa. On the meeting the Executive Committee has presented the activity report of the association for the past fiscal year as well as the plan/budget for the upcoming fiscal …

EIFFPA – Second Ordinary General Assembly of Members Read More »

Halal promotion in collaboration with EIFFPA (Ethiopian Interest Free Finance Professionals Association) has successfully undertaken the first Ethiopian Interest Free Finance and economy summit on the 11th of August 2022. The summit is one of the programs incorporated in the eid-to-eid initiative of H. E. prime minster Dr Abiy Ahmed. Hence, it has been facilitated …

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Commercial banks urged Officials of the National Bank of Ethiopia (NBE) to amend the mandatory rule, which demands financial institutions invest one percent of their outstanding credit on a bond issued to support the Development Bank of Ethiopia (DBE). https://www.thereporterethiopia.com/article/banks-call-amendment-mandatory-bond

A firm dedicated to providing full-fledged Sharia-compliant insurance services is gearing up to offer equity to the public. Promoted by individuals with a background in interest-free banking, “Amana Takaful” plans to float shares to the public in the coming weeks One of the Latest Banks to Join the Growing Islamic Banking Sector in Ethiopia, Hijra …

Sharia-compliant insurance ! Read More »