Coopbank Alhuda Interest Free Banking

Coopbank Alhuda provides Sharia-compliant banking services through dedicated branches and digital platforms to address the high and growing demand of its customers.

Benefit of Coopbank Alhuda:

  • Coopbank Alhuda is an interest-free Islamic bank.
  • It offers a variety of Sharia-compliant products and services.
  • It is a good option for people who want to bank in accordance with Islamic law.

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Interest Free Banking Products

Coopbank Alhuda is the interest-free banking service of Cooperative Bank of Oromia. It offers a variety of products and services that are compliant with the principles of Sharia

Interest Free Deposit Products

Interest Free Deposit Products are accounts that share profits with depositors.

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Interest-Free Financing Products

are financial products that do not charge interest, and instead use a profit-sharing arrangement.

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Interest-Free Export Qard Contracts

Interest-Free Export Qard Contracts are short-term loans for commodity exporters.

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Coopbank Alhuda

Customer Satisfaction Survey

A recent survey of Interest Free Banking (IFB) customers found that overall satisfaction with the service is high.

Customer satisfaction

85% of respondents said they were satisfied with IFB, while only 15% were dissatisfied.

satisfied with the service

The most common reasons for satisfaction were the convenience of the service,

Likelihood to recommend

IFB customers were more likely to recommend the service to others than customers of traditional banks.

Halal Card

Interest-Free banking Card Payment

Interest-Free banking Card Payment ATMs are machines that allow you to make payments with your credit or debit card without incurring interest charges. You can use them to withdraw cash, make deposits, transfer money between accounts, and pay bills. To use an Interest-Free banking Card Payment ATM, you will need to insert your card into the machine and enter your PIN. You will then be able to select the transaction you want to make.

3M+

ATM Users

180+

ATM Machines

700+

Total Branches

Here are some of the benefits of using a Halal card:

If you are looking for a credit or debit card that is both convenient and compliant with Islamic law, then a Halal card is a good option for you.

No interest charges

Halal cards do not charge interest on purchases or cash advances. This can save you money in the long run.

Charitable giving

Halal cards can donate a portion of each purchase to charity. This is a great way to give back to your community and support causes that you care about.