Home Core Values






To be a leading co-operative society in the field of Islamic finance for a fair and just society.



To operate as a financial institution based on Islamic Co-operative principles and provide a wide range of services on an interest-free basis.




  • Present a model of Islamic finance through the co-operative sector in Mauritius and Africa; and
  • Offer an alternative financial system to the Mauritian population at large.



  • Promote the welfare, economic and social interests of its members and improve their quality of life in accordance with Islamic finance and co-operative principles;
  • Provide savings facilities to its members;
  • Create a source of credit for its members for provident and productive purposes; and
  • Create the framework to enable its members to manage their financial resources for their mutual benefit.



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O ye who believe! Fear Allah, and give up what remains of your demand for usury, if ye are indeed believers.

If ye do it not take notice of war from Allah and his Apostle: but if ye turn back ye shall have your capital sums; deal not unjustly and ye shall not be dealt with unjustly.

Quran [2:278-279]