Driving digital transformation and innovation for the future of interest-free banking and Takaful in Africa
(Dubai, UAE, July 23, 2026): AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) is pleased to announce Digaf MFI as the Official Technology Sponsor of the 6th International Interest-Free Banking and Takaful Forum 2026, to be held on August 17, 2026, in Addis Ababa, Ethiopia, under the patronage of the National Bank of Ethiopia. The forum, themed “Connecting Global Expertise with Africa’s Emerging Islamic Finance Markets,” will bring together global leaders, regulators, financial institutions, FinTech companies, and development organizations to accelerate the growth of interest-free finance across Africa.
As the Technology Sponsor, Digaf MFI will play a significant role in supporting the event’s digital engagement and reinforcing the importance of technology-driven financial solutions in expanding access to ethical and inclusive financial services. The partnership reflects the growing convergence of Islamic finance and financial technology, enabling institutions to deliver innovative, efficient, and customer-centric financial solutions.
With digital transformation becoming a key driver of financial inclusion, Digaf MFI’s participation highlights its commitment to empowering financial institutions through advanced technology and supporting the development of sustainable, Shariah-compliant financial ecosystems. The collaboration also aligns with Ethiopia’s rapidly evolving financial sector, where digital innovation is creating new opportunities for inclusive economic growth.
This collaboration positions Digaf MFI not only as the forum’s Technology Sponsor but also as a strategic partner in advancing Ethiopia’s digital Islamic finance ecosystem and strengthening Africa’s position in the global interest-free finance industry.
Mr. Muhammad Zubair Mughal, Chief Executive Officer of AlHuda CIBE, stated:” We are delighted to welcome Digaf MFI as our Technology Sponsor for the 6th International Interest-Free Banking and Takaful Forum 2026. Technology is transforming the future of Islamic finance, and partnerships with innovative organizations such as Digaf MFI strengthen our mission to promote digital, ethical, and inclusive financial solutions across Africa and beyond.”
Ato Dereje Turi, CEO Digaf MFI remarked: “We are honored to partner with AlHuda CIBE as the Official Technology Sponsor of this prestigious international forum. At Digaf MFI, we believe the future of financial services lies in the integration of technology, innovation, and ethical finance. Through Artificial Intelligence (AI), digital lending, agent banking, embedded finance, and Islamic FinTech, we are building a digital-first financial ecosystem that expands access to inclusive and Shariah-compliant financial services. We look forward to collaborating with global industry leaders to accelerate the future of interest-free finance in Ethiopia and across Africa.”
The forum will feature high-level keynote sessions, expert panel discussions, technical presentations, networking meetings, and the 6th Interest-Free Banking and Takaful Awards 2026, providing an exceptional platform for knowledge sharing, strategic partnerships, and investment opportunities across the Islamic finance industry.
AlHuda CIBE welcomes Digaf MFI to this landmark international event and looks forward to a successful collaboration that will showcase the transformative role of technology in shaping the future of interest-free banking and finance.
About Digaf MFI
Digaf MFI is Ethiopia’s digital-first licensed microfinance institution, committed to transforming financial services through technology and innovation. The institution leverages Artificial Intelligence (AI), digital lending, agent banking, embedded finance, alternative data-driven credit scoring, and digital payments to expand financial inclusion and enhance customer experience. Digaf is also pioneering digital interest-free finance, micro-insurance, and next-generation financial solutions that contribute to sustainable economic development in Ethiopia.
About AlHuda CIBE
AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provide state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Trainings Workshops and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance.
We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: www.alhudacibe.com
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