ZamZam Bank has secured approval from the Ethiopian Capital Market Authority (ECMA) to register its shares, becoming the first fully interest-free bank to complete the regulatory process for public trading. The approval covers five million existing shares worth five billion Br and one million bonus shares valued at one billion Br, paving the way for the Bank's future participation in Ethiopia's capital market. ZamZam plans to raise its capital to 15 billion Br and introduce Sharia-compliant investment products, including Sukuk. For 2025/26, the Bank reported a 35pc rise in net profit to 1.8 billion Br, a 36pc increase in revenue to three billion Br, and an 81pc jump in deposits to 21 billion Br. Paid-up capital climbed 123pc to 5.64 billion Br, while total assets reached 29.1 billion Br. ZamZam now operates 130 branches and serves more than 973,000 customers.
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