Who We Are
The Islamic banking market is a growing sector, which offers financial products and services compliant with the principles of Sharia, based on the sharing of risks and profits, the prohibition of interest, speculation and illicit activities. This market represents an opportunity for Muslim countries, but also for non-Muslim countries, which seek to diversify their sources of financing, attract foreign investors and meet the needs of a demanding and loyal clientele.
Djibouti, a country located on the Horn of Africa, with a majority Muslim population, has chosen to develop the Islamic banking market, by adopting a favorable regulatory framework and encouraging the establishment of specialized establishments. Among these establishments, the CAC ISLAMIC BANK stands out for its vision, its mission and its values. CAC ISLAMIC BANK is a subsidiary of CAC INTERNATIONAL BANK, a universal bank present in Djibouti since 2006, which offers traditional banking services to a varied clientele. CAC ISLAMIC BANK aims to become the benchmark Islamic bank in Djibouti, by offering innovative, adapted and competitive solutions, which respect the ethical and religious standards of its clients. CAC ISLAMIC BANK relies on the expertise, network and financial strength of its parent company, as well as a qualified, motivated and committed team.
CAC ISLAMIC BANK will be part of the same dynamic of the parent company seeking to be a bank Universal, hence the establishment of a meticulous recruitment system to put the customer at the heart of our concerns. A satisfied customer is the essence and the motto that will circulate throughout the existence of the bank.
Leadership
At CAC ISLAMIC BANK, the corporate leadership function is moving towards inspiring a knowledge era work force to embrace a dynamically changing environment and meet the needs of our customers. Our leadership comprises of highly experienced and compassionate individuals, all working together for the development of our communities and society. We believe in the strength of our relationships and as a true partner, our focus is to ensure we build long-term relationships with our customers and business partners, finding solutions that meet specific needs of our customers. We can be trusted to communicate in an honest, straightforward and egalitarian manner.
Our Mission
Our mission at CAC ISLAMIC BANK is to provide a comprehensive range of Shariah-compliant banking services that not only meet, but exceed the unique financial needs and ethical aspirations of our customers.
We are committed to respecting the principles of Islamic finance by avoiding interest ( riba ) and promoting the sharing of profits and losses in the interest of transparency. Trust and integrity in all our activities. Our experienced team leverages the latest technologies and innovations to provide practical, customer-centric solutions.
Our vision
Our vision is to be a trusted provider of Islamic banking services, setting the standard for ethical and innovative financial solutions that enable individuals and businesses to achieve their financial goals while adhering to Sharia principles.
We aspire to be, with their faith, creating a brighter and more equitable financial future for our customers and our communities.
Our Values
Loyalty - Commitment - Audacity - Diversity - Excellence - Responsibility
A bank's values are a key element of its culture and identity. The values of loyalty, commitment, audacity, diversity, excellence and responsibility are important values for a bank. Loyalty is important because it helps build trusting relationships with customers and employees. Commitment is important because it shows that the bank is committed to providing quality services to its customers. Boldness is important because it allows the bank to take calculated risks to innovate and differentiate itself from its competitors. Diversity is important because it allows the bank to reflect the diversity of its customers and society as a whole. Excellence is important because it enables the bank to provide superior services to its customers. Finally, accountability is important because it shows that the bank is aware of its impact on society and is committed to acting responsibly.
At CAC Islamic Bank, we are proud of our values and are committed to upholding them in everything we do.