15+
Clients
Our story
Manabir SACCO is an ulamaa led interest free microfinance institution based in Mandera. Our company is a Shariah-compliant microfinance institution that is committed to providing affordable and accessible financial services to the Muslim community. We operate under the principles of Islamic finance, which prohibits interest-based transactions and promotes profit and risk-sharing
We pride ourselves on offering ethical financial solutions to the Muslim community. Our foundation is built upon the principles of Islamic finance, which eschews interest-based transactions in favor of profit and risk-sharing models. We are dedicated to providing affordable and accessible financial services that not only meet the unique needs of our members but also align with their values. As a testament to our commitment, we operate various investment windows, including Savings and Credit, Share Capital, and Donor Contribution, each designed to empower our members while adhering to the tenets of Shariah law. Our approach ensures that every member of Manabir SACCO has the opportunity to grow financially without compromising their beliefs.
Vision
To be the leading microfinance institution that fosters economic empowerment and financial inclusivity within the Muslim community.
Mission
To empower the Muslim community by offering Shariah-compliant financing solutions that align with Islamic values and principles. We aim to promote financial inclusion and economic empowerment through our specialized investment windows.
"Allah, the Most High, said, 'I am the third (partner) of two partners as long as one of them does not cheat his companion. Then, if he cheats (his partner) I depart from them.'"
Why
choose Us
Always dreamt of investing in business and accessing interest free credit? Manabir SACCO is the right place to be. When you choose Manabir SACCO, you benefit from:
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Competitive dividend rates
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High level of professionalism
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Community-Centric Approach
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Shariah-compliant financial services
The problem
In a financial landscape dominated by conventional banking systems, the Muslim community often faces a dilemma. Adhering to the principles of their faith means avoiding interest-based financial products, which are ubiquitous in the market. This has led to a significant portion of the community being underserved, with limited access to financial services that align with their beliefs
The Solutions
At Manabir SACCO, we are committed to transforming the financial landscape with our Shariah-compliant services. We offer ethical financing by providing a range of interest-free financial products, ensuring a halal alternative for our community. Our investment windows are gateways to community empowerment, enabling members to invest, save, and borrow, thus fostering collective prosperity and individual growth. We champion inclusive growth by extending our services to those traditionally excluded from financial systems, promoting participation in economic activities for all. Our operations are based on a risk-sharing model, a fundamental aspect of Islamic finance, which cultivates solidarity and mutual support. By focusing on strategic sectors like small business, education, and agriculture, we drive sustainable development and contribute to the holistic advancement of our community.
