About Us

Company Profile

Shabelle Bank is a fully licensed Commercial Bank in Ethiopia to conduct all its operations under the principles of Islamic banking and be fully disengaged from interest-based transactions, offering the full spectrum of Retail Banking, SME Banking, Corporate Banking, Treasury, and Trade Finance Services. The regional government has the biggest shareholdings in the bank with the aim of creating financial inclusiveness for the societies.

Shabelle started its journey as a microfinance institution in 2011. It subsequently secured the banking license to serve its clientele better, by offering ethical financial products. With the mission of Enabling Growth and Enriching Lives, the Bank reaches out to its customers through a growing network of branches in Ethiopia.

Customers can also benefit from an array of customer conveniences such as Internet & mobile banking, debit card with SMS alerts, online account opening, 365-day banking, Saturday banking, extended banking hours, 24×7 cash deposit machines, and banking units exclusively for ladies.

Shabelle’s growth strategy is built on its position as a leading Islamic Bank with deeply rooted customer relationships and strong engagement with the local communities.

The bank operates strictly under the principles of Islamic sharia and is well organized for its product development capability, Islamic baking research, and advisory services. It operates under the supervision of the resident Shariah board member and a Shariah supervisory board comprising of internationally renowned scholars.

Our Vision

To be a competent, sustainable, leading, and trusted Shari’a-compliant banking and microfinance services provider in the Horn of Africa and globally.

Our Mission

To provide efficient and effective full-fledged Shari’a-compliant banking services with customer focus utilizing qualified, honest and motivated staff and state-of-the-art technology thereby optimizing shareholders’ interest and enhancing inclusion of the poor through microfinance business operations.


Financing and Investment products to be availed by the Bank for its esteemed customers includes:-


Trade Based Mode of Financing (Murabaha, Salam and Istisna‘a)


Rental Based Mode of Financing (Ijarah)


Partnership Based Mode of Financing (Musharaka)