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This proposal presents the findings and recommendations initiated by the DAYAX ISLAMIC BANK with the help of CRWMC. Our objective is to demonstrate the definitive need for Islamic financial products to meet the demand by the Somali Community. An estimated over 8 million somalis are in dire need of buying homes, vehicles, business financing, etc and at present, there is no a single Islamic bank offers these products and services in the banking sector. This proposal identifies numerous ways for the Somali’s to have access to a high quality of products and services in line with the Shariah-compliant financial products. It mirrors the values that DAYAX ISLAMIC BANK stands for “ a major community type bank” to provide innovative products and services to its communities. We are indeed grateful to welcome this venture and to make it happen to reach our mutual objectives and goals.
* Maximizing and balancing both the earnings and growth potential of the bank for every stakeholder.
* Helping the community to create wealth in order to eradicate poverty, invest knowledge to overcome ignorance and promote health to insure a healthy society.
* Making quality financing and an interest-free loan to our communities, businesses and every sector of our economy.
* Enhancing Customer and Product profitability to sustain long-term growth.
* Measuring and managing an overall organizational profitability while balancing the social and economic contribution of the community.
* Finally, helping bank’s long-term strategic planning goals and objectives and converting them into action plan that is in line with our vision and mission.
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Category : Syariah Economy