Digital finance technology

Digital finance, under your own brand.

ዲጂታል ፋይናንስ፣ በእርስዎ ብራንድ።

TerraLink builds white-label platforms for Ethiopia's banks, MFIs, insurers and mobile-money operators — payments, credit, agency banking, AI-enabled smart scoring, and our flagship: TerraCore IF, the interest-free banking suite.

Request a demo What we build
2 product lines 4 languages AI scoring Weeks to launch
Flagship · TerraCore IFInterest-free banking suite
White-labelYour logo, your colours, your customers
Built for NBE-regulated institutions App · mobile money · USSD · agent API-first · contract-first · audit trails Amharic · Afaan Oromo · Somali · English
What we build

One company. Two product lines.

White-label technology deployed under your brand and licence — conventional, interest-free, or both.

Flagship · Shariah-governed

TerraCore IF Suite

The interest-free banking suite: wallet, profit-share savings, Murabaha financing, Zakat, Takaful and Hajj savings — six modules, each with its own Shariah certificate.

6 modules AAOIFI-aligned Independent Shariah Committee
Explore the suite →
Financial Solutions

Digital finance, for every institution

The same engines, deployed conventionally — plus TerraCore Score, AI-enabled scoring as a service for any book, interest-free or not.

Wallet & payments
Bills, merchants, transfers
Credit & instalments
Origination to collections
Agency banking
Agents, CICO, float
Smart scoring · AI
Decisions, with reasons
Flagship · TerraCore IF Suite

The flagship: interest-free banking, done properly.

Every module is built on a named Islamic contract and carries its own Shariah certificate. Launch one, or all six.

Wadiah · safekeeping

Wallet

The everyday interest-free balance — payments, transfers, airtime, bills. Held in trust, never lent out.

Wadiah balance
ETB 18,420.00
Send to family
Amina T. · 09•• ••• 241
Instant
Mudarabah · profit-share

Savings

A share of real profit, declared monthly — never an interest rate.

Monthly declarations
Q3 profit distribution
+ ETB 96.50
65 : 35 ratio
Murabaha · Qard Hasan

Finance

Disclosed cost-plus price, fixed instalments. No interest, ever. Limits set by TerraCore Score.

Instalment schedule
Sep1,250.00
Oct1,250.00
Wadiah goals

Hajj & Umrah

Goal-based saving with family top-ups, paid straight to approved operators.

Umrah 2027
ETB 74,400 / 120,000
Zakat · Sadaqah · Waqf

Give

Zakat on cash, gold, livestock and trade goods — paid to vetted institutions, receipted.

Cash & gold412,900
Trade goods186,000
Zakat due (2.5%)14,972.50
Takaful · cooperative protection

Protect

Micro-Takaful for life, device and vehicle — a few birr a day, surplus returned to members. Underwritten by a licensed Takaful operator.

Life Device Three-wheeler Surplus → members

Late payment?

The instalment never grows. Fixed late charges go to charity — in full.

How governance works →
TerraCore Score · AI-enabled smart scoring as a service

Decisions for thin-file customers, explained.

Most Ethiopians have no credit file. They do have a wallet history. TerraCore Score turns that — and the other signals your institution already holds — into a decision your credit committee can read and defend.

Built on wallet behaviour

Inflow regularity, bill and merchant payments, airtime patterns, agent cash-in/out, instalment history — the signals TerraCore IF and your wallet already generate, plus what you choose to add.

Every score comes with its reasons

No black box. Each decision lists the signals that moved it, so credit officers can override with a record and customers can hear why — in Amharic, Afaan Oromo, Somali or English.

Governed like a bank asset

Consent captured in the wallet, data held in Ethiopia, models versioned and back-tested, fairness checks across region and gender, a human decision on every decline. Aligned with Ethiopia's personal data protection framework and NBE consumer-protection expectations.

A service, not a project

One API call from your core, wallet or loan-origination system. Priced per score or as a monthly subscription; models retrained on your portfolio as it grows. Runs interest-free and conventional books alike.

TerraCore IFMurabaha & Qard Hasan limitsEligibility, limit and tenor for financing inside the wallet — the Shariah contract stays unchanged; only the decision gets smarter.
Financial SolutionsDigital credit & instalmentsOrigination scoring for conventional lending, device financing and merchant working capital.
Agency bankingAgent float & merchant limitsDynamic float ceilings and merchant advances from transaction cadence and settlement history.
Risk operationsEarly-warning & anomaly flagsRepayment-risk drift and unusual cash-out patterns surfaced to your collections and compliance teams.
Deployment

Decision to live product, in four steps.

Structure

Products mapped to your licence; IF contracts approved by our Committee — and yours.

Integrate

REST APIs to your core or wallet ledger. Sandbox from day one.

Launch

Your brand, your channels. Contracts in four languages, staff trained.

Operate

Continuous Shariah review, annual audit, profit runs, reporting — as a service.

Interest-free, by structure

What changes when there is no interest.

Risk is shared, money is tied to real assets and trade, and every term is disclosed before the customer confirms.

Interest on savingsShare of real profit Mudarabah
Consumer loanGoods at a disclosed margin Murabaha
Emergency loan with feesBenevolent loan at cost Qard Hasan
Insurance premiumMembers' fund, surplus returned Takaful
Penalty interestFixed charge, donated in full Gharamah
Deposit lent by the bankBalance held in trust Wadiah
Shariah governance

Compliance you can read.

An independent Shariah Advisory Committee — binding rulings, fixed terms, no executive role. Nothing ships without its written approval.

Approved before launch

Every module structured to AAOIFI standards and certified in writing — for our platform and for your board.

Audited every year

Continuous review plus an annual compliance report per deployment, findings included.

Purified, never retained

Non-compliant income is separated and donated to charity, with the trail available to your auditors.

Committee: 3 scholars · to be announced Terms of Reference — PDF pending Product certificates — PDF pending Annual Shariah report
Who it's for

Adapts to your licence.

BanksDigital banking & IFB windowsConventional channels or the full IF suite on your core.
MicrofinanceMFIs & digital lendersMurabaha and Qard Hasan with mobile collection.
InsurersTakaful operatorsMicro-Takaful distribution through the wallet.
Mobile moneyWallet operators & telcosAn interest-free mini app inside your super app.
Zakat & charityZakat bodies, Waqf, NGOsCollection and disbursement rails with reporting.
EmployersSACCOs, unions, payrollSavings, Hajj goals and Takaful for members.
About TerraLink

A digital finance technology company, built in Addis Ababa.

Deepest in interest-free banking, fluent in payments, credit and agency channels — built by a team from banking, telecom value-added services, payments and Shariah audit.

Addis AbabaHeadquartered in Ethiopia, serving all regions
Two product linesTerraCore IF Suite and Financial Solutions
AAOIFI · IFSBStandards our products are structured to
4 languagesAmharic, Afaan Oromo, Somali, English
Leadership
HM
Habib MohammedChief Executive Officer
MBABA AccountingFCCACISI

Twenty-plus years in banking and finance, with deep operating experience in Ethiopia's interest-free banking sector — including executive leadership at Hijra Bank and an IFRS advisory mandate for the IFC.

Track record
  • Vice President, Banking Business — Hijra Bank (treasury, credit risk, FX)
  • Chief Executive Officer — Prime Capital S.C., ECMA-licensed investment bank
  • Chief Executive Officer — Yekatit Paper Converting PLC (ISO, IFRS adoption)
  • Over a decade in senior leadership — NIB International Bank
  • Board member — Chartered Advisory Services PLC; Best Western Plus Addis Ababa
  • MBA International Business, University of Greenwich · BA Accounting, Jimma University
Questions

Straight answers.

Who holds the customer's money and the licence?
Your institution does. TerraCore IF Suite is white-label technology and Shariah structuring; every deposit, financing contract and Takaful cover is offered by the partner institution under its own National Bank of Ethiopia licence. TerraLink does not take deposits or extend financing.
Is it really Shariah-compliant, or just marketed that way?
Every module is built on a named Islamic contract, structured to AAOIFI standards and approved in writing by an independent Shariah Advisory Committee before it is offered to any partner. The Committee audits each deployment annually, and any non-compliant income is purified and donated to charity. Your own Shariah board reviews and approves the same documentation.
How does it integrate with our core banking or wallet system?
Through REST APIs to your ledger, KYC and payment rails, plus a USSD gateway and mobile SDK. Contract-first stubs and a sandbox are available from day one, with reconciliation and settlement flows included.
Can we launch only one module?
Yes. Most partners start with Wallet and Savings, or with Finance for a specific segment, and add modules as the base grows. Each module carries its own Shariah certificate.
How does TerraCore Score decide, and is it acceptable under Shariah?
The score uses behavioural signals the customer has consented to share — wallet inflows, bill and merchant payments, instalment history, agent activity — and returns a score with the reasons that produced it. It informs eligibility, limit and tenor; it does not change the Murabaha or Qard Hasan contract, so the Shariah Advisory Committee reviews the decision policy, not the model's mathematics. Declines always pass through a human officer, and customers receive the reasons in their own language.
Where is scoring data held, and who owns the model?
Data stays in Ethiopia, under your institution's control and consent records. TerraLink operates the scoring service and the base models; models retrained on your portfolio are yours. No customer data is pooled across institutions without a written data-sharing agreement.
Do you also build conventional (non-Islamic) products?
Yes. TerraLink is a technology company: the Financial Solutions line — wallet and payments, credit and instalments, agency banking — can be deployed conventionally or interest-free. TerraCore IF Suite is the Shariah-governed configuration, with its own certificates and audit.
How is Mudarabah profit calculated and distributed?
Customer savings join a pool invested in Shariah-screened activities on your balance sheet. Profit actually earned is shared at a ratio disclosed before deposit. The platform runs the monthly declaration and quarterly distribution, with the Committee reviewing the calculation.
How long does deployment take?
The documentation, Shariah approvals and integration kit already exist, so a first module on an existing app or USSD channel is typically a matter of weeks — the variable is your core system and internal approvals.
Get in touch

See TerraCore in your colours.

A demo for your product, compliance and technology teams — modules, Shariah documentation, integration path.

Phone+251 11 XXX XXXX
OfficeTerraLink Tech PLC, Bole, Addis Ababa, Ethiopia
Full address to be confirmed

Request a demo

Modules of interest