The concept of IFB becomes familiar in the finance sector of Ethiopia in the past few years. Not only the concept but also the practices and the services of IFB become usual business in conventional banks through window services and IFB dedicated branches. Almost all conventional banks have been opening full-fledged branches and they are providing different IFB services in order to keep their market share and compete with full-fledged Islamic banks.

The recent policy change by the NBE on credit cap and policy lending rate are creating some challenges financing income and overall profitability of the Bank. Most conventional Banks and full-fledged IFBs are responding to this policy development through
different mechanisms.

Now, therefore Hijra has revised its existing Terms and financing Tariffs to cope up with changes in NBE policy and developments is the Ethiopian banking industry for its achievement of sustainable performances.