Zantel debuts mobile Islamic banking services

07Sep 2016
Victor Karega
The Guardian
Zantel debuts mobile Islamic banking services

ZANTEL Tanzania plans to launch Islamic banking mobile financial services in the country by end next month.

Zantel CEO Benoit Janin addressing reporters soon after launching the ‘Jibwage na Mbuzi,’ campaign in Dar es Salaam last Monday

The firm’s Chief Executive Officer, Benoit Janin said the mobile phone services firm has already developed a software application for the new product.

“In a very short period ahead, we will be launching the first mobile Islamic banking financial service in Tanzania and I think it will meet our customers’ expectations,” Janin said at the official launch of a ‘Jibwage na Mbuzi’ campaign that comes to mark Eid el-Adha, the Islamic festival of sacrifice.

He said Zantel will keep innovating and improving the quality of its services as well as develop programmes to meet demands of its customers and attract more to join the network.

Janin further noted that the company continues to expand its offers to customers, adding that the Islamic mobile banking service is just one of the many new products that will enter the market this year.

The Zantel CEO said he hopes that Islamic banking will appeal to the large Muslim community in the domestic market because it is Shariah compliant.

“Islamic banking mobile financial service is more than just a product. Our value proposition is to share the values of Islam, instil and inspire them towards a wholesome Muslim lifestyle in every way,” the Zantel boss noted.

“In this way, we not only safeguard the integrity of our brand but show our shareholders, distributors, dealers and subscribers that we are indeed determined to build our business and not just our product,” he said.

The ‘Jibwage na Mbuzi’ campaign, will involve donation of 500 goats to mark Eid el-Adha with 100 goats targeting orphanages around the country.

During the campaign launch last Monday, Janin donated goats to three orphanage centres of Kurasini National Children’s Home, Tanzania Mitindo House Orphanage Centre and Help 2 Kids which received four goats each.

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