Coris Bank launches Islamic finance window in N'Djamena
The new Coris Bank International Baraka Tchad agency offers deposit, financing, and leasing services based on Islamic principles.
Coris Bank International officially launched its Baraka Tchad agency in N'Djamena on Thursday, October 29, 2026. The new branch, located in the Ridina neighborhood of the 5th arrondissement, is dedicated to Islamic finance services.
The launch ceremony was led by Saleh Bourma Ali, Chad's Minister Delegate for Finance, and attended by Coris Bank International Tchad General Director Fidèle Toko and CNAIT President Cheikh Abdadayim Abdoulaye Ousmane. The agency aims to provide secure deposit accounts, purchase-resale financing with deferred payment (mourabaha), and professional equipment leasing (ijara).
Coris Bank International Tchad plans to introduce further Islamic finance products like Moudaraba, Wakala, and Istisna'a. General Director Fidèle Toko stated that each client's request will be assessed individually according to bank procedures and eligibility criteria.
Why it mattersChadian residents and businesses can now access new financial products adhering to Islamic principles, including deposit accounts and financing options.