About Us

International Bank of Somalia IBS is the first International Somali Bank based in Mogadishu. IBS is a registered financial company and licensed from central bank of Somalia since July 2013. IBS is a fully fledged Islamic Bank and some of the services we provide are shown below.

International Bank of Somalia (referred hereafter as IBS) is a registered financial company and licensed from central bank of Somalia since July 2013. IBS is an Islamic bank that undertakes retail, corporate including SMEs and investment banking activities. IBS deals with Microfinance and qard hassan loans and engages community finance which is a program that is contributed community members to help key areas that helps bridges community.

 

Vision and values

To be the leader in financial services with innovative and high standard products

 

Values

Shar’iah being core of banking operations

Community and Personal responsibility for high performance

Shaping the future through innovation

 

Zakah

 

IBS calculates zakah after the end of the financial year and pays to areas approved by our Shari’ah Board. Besides Zakah, IBS engages sadaqah and other charity activities and spending to different noble ways such as scholarship for poor students

  • Vision and Values

  • IBS Profile

    International Bank of Somalia (IBS) is Somalia’s premier global investment and commercial bank with an entirely Shari´ah compliant portfolio of products & services.

  • Board of Directors

  • Shari’ah Board

  • Management Team

  • Zakah

    Zakah is one of the basic pillars of Islam it’s a form of redistribution of wealth from have to have -not community of our society. Zakah is indispensable as it eases the economic hardship of other needy individuals.

  • Careers

    Please submit your C.V. to career@ibsbank.so.

Contact Us

Call - +252 1 865999

Email - info@ibsbank.so
Swift Code - IBOSSOSM

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