Skip to content
Erudite AfricaCenter of Excellence
← Interest Free Banking Financing: Practitioner

Financing processing

Module 06 / 9 · 60 min

Take a request from origination and the first interview, through documents, credit information, a business visit and the risk appraisal, to a complete Financing Approval Form.

In this module you will learn to

  • Run an origination interview and collect the required financing processing documents
  • Carry out a credit information inquiry and a business visit and record what they show
  • Appraise a request on the five Cs, cash flow and repayment capacity, structure and Sharia'h fit
  • Complete a Financing Approval Form and negotiate the terms with the customer

Built on

  • Erudite Africa training outline: Interest Free Banking Financing, Three-Level Course, Level 2 Practitioner (October 2026)
  • A typical Ethiopian bank's IFB financing business procedure (May 2025), unnamed: definitions, governance, roles, modes, products, processing, pricing, collateral and disbursement
  • AAOIFI Sharia'h Standards, including No. 8 Murabaha, No. 9 Ijarah, No. 10 Salam and No. 11 Istisna'; the host bank's Sharia'h Advisory Committee rulings take precedence in that bank
  • NBE Directive No. SBB/72/2019, Licensing and Authorization of Interest Free Banking Business; Directive No. SBB/91/2024, Bank Corporate Governance; Directive No. NBE/INT/13/2026, Interest Rates (As Amended)
  • NBE Foreign Exchange Directive No. FXD/01/2024 as amended, including Directive No. FXD/05/2026

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.