Together we invest,together we grow
Sahal SACCO is a member-owned savings and credit cooperative established to promote ethical saving, financial inclusion, entrepreneurship, and sustainable economic development in Somalia.
Transparency
Full visibility into how member funds are managed, invested, and distributed.
Sharia Integrity
All products are Sharia-compliant. No riba (interest). Supervised by an independent Sharia Board.
Financial Inclusion
Bringing ethical finance to underserved Somali communities.
Shared Prosperity
Profits shared among all members. When the cooperative grows, every member-owner benefits.
About
Who We Are
Sahal SACCO is a member-owned savings and credit cooperative established to promote ethical saving, financial inclusion, entrepreneurship, and sustainable economic development in Somalia.
Vision
To become the leading Sharia-compliant SACCO in Somalia
Mission
To provide accessible, inclusive, and Sharia-compliant financing and investment services to individuals, SMEs, cooperatives, and groups across Somalia, while promoting saving culture, entrepreneurship, financial literacy, and long-term economic stability.
Partners
Our Trusted Partners
Working alongside leading institutions to expand financial access across Somalia.
Products
Sharia-Compliant Financial Products for Members
Designed to support individuals, businesses, and communities with ethical and inclusive financial services.
Dheeman
Murabaha-based financing designed to support women entrepreneurs.
Kayd / Ayuuto / Dhigaal
Savings and financing solutions for individuals and small startups.
Kobciye
Financing support for cooperatives and group-based enterprises.
Daryeel
Asset financing for maintenance and essential improvements.
Fursad
Short-term Qard Hasan financing for small daily traders.
Wadaag
Partnership-based financing through profit-sharing models.
Qoys / Raas Bile
Family-focused savings and investment solutions.
Benefits of Membership
Membership provides access to structured financial services, cooperative ownership, and support that strengthens financial resilience.
Affordable Financing
Access to affordable and Sharia-compliant financing.
Savings Culture
Promotion of a strong and consistent savings culture.
Member Shareholding
Ownership through member shareholding.
Dividends
Eligibility for dividends based on cooperative performance.
Flexible Terms
Flexible and member-friendly financing terms.
Financial Stability
Enhanced financial stability and structured support.
Emergency Support
Access to emergency financial assistance when needed.
Community Development
Contribution to community growth and development.
Sectors
Sector-Based Financing Priorities
Structured support for productive sectors that strengthen livelihoods, trade, and local enterprise.
Barwaaqo Agriculture
Financing support for agricultural production and related value chains.
Dhaqaal Livestock
Structured financing for livestock trade, production, and asset management.
Kacaan Industry
Financing support for small industry, processing, and enterprise expansion.
Saafi Fisheries
Sharia-compliant financing for fisheries, equipment, and related trade.
Investment
Grow Your Wealth The Halal Way
Returns are based on actual performance. No guaranteed returns. Risk shared in accordance with Sharia principles.
Pooled Investment
Diversified PortfolioInvest across 3-5 halal sectors simultaneously
3-5 sectors · Diversified · Fully halalMudaraba Pool
Profit-SharingInvest in a profit-sharing pool across multiple halal sectors. Annual distribution based on actual cooperative performance.
Annual distribution · Profit-sharing · HalalTargeted Sector
Direct InvestmentChoose your sector - Agriculture, Livestock, Trade, or Real Estate - and invest directly where you know best.
Per-sector distribution · Flexible termsInvestment Governance
Sharia Oversight
Transparent Reporting
Risk Management
Annual Distribution
Leadership
Board of Directors & Executive Leadership
The Board of Directors is the highest decision-making body of Sahal SACCO - responsible for strategic oversight, governance, and protecting member interests.
Board of Directors
Farah Mohamed
ChairmanStrategic leadership and board governance.
Garaad Farhan
CEOExecutive leadership and institutional growth.
Deko Abdulle
DirectorPolicy oversight and governance reviews.
Abdirahman Ahmed
DirectorGovernance compliance and member interests.
Ahmed Jama
DirectorStrategic planning and performance monitoring.
Naeema Khalif
DirectorRisk awareness and accountability.
Executive Management Team
The Executive Management Team is responsible for the day-to-day operations of Sahal SACCO, implementing strategic decisions approved by the Board.
Garaad Farhan
CEOLeads strategy execution and overall operations.
Abdihafid Bashir Ali
Operation ManagerOversees daily operations and service delivery.
Safia Ahmed
Marketing and SalesLeads brand, outreach, and member communications.
Hassan Mohamed Hassan
Business and Membership ManagerManages member onboarding and relationship support.
Najmo Isse
Risk and Compliance ManagerEnsures compliance, controls, and risk monitoring.
Abdirahman Ahmed Ali
HR and Finance ManagerRuns internal audit and reporting assurance.
Anas Abdi Yusuf
Investment ManagerHandles public communications and stakeholder relations.
F.A.Q
Frequently Asked Questions
Is Sahal SACCO licensed and regulated?
Yes. Sahal SACCO is licensed and operates under national cooperative law and Islamic financial principles. Our independent Sharia Supervisory Board conducts quarterly AAOIFI-standard audits.
Are my savings Sharia-compliant?
Yes. All savings are invested in halal activities only. Profits are shared under a Mudaraba profit-sharing model - absolutely no interest (riba).
Can I transfer my membership shares?
Yes. Membership shares may be transferred in accordance with the SACCO's policies and Islamic principles. Contact Member Services for the transfer process.
Can I withdraw my savings at any time?
Yes. Members may withdraw savings in accordance with SACCO guidelines, ensuring fairness and Sharia compliance. Kaydsi savings offers the most flexible withdrawal terms.
How long does it take to become a member?
Membership is typically approved within 3 business days after completing required documentation and meeting the minimum share purchase requirement.
Do I need an existing bank account to join?
No. 75% of our members had no prior formal banking relationship. We welcome all community members who wish to save and invest ethically.
Ready to Join Sahal SACCO?
Begin your membership application online and our team will guide you through the next onboarding steps.
Apply Now Invest with Sahal SACCO