TerraLink / Solutions / TerraCore IF SuiteFlagship · 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.

The six modules

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 →
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
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.

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.

Meet the Shariah Advisory Committee → Terms of Reference Product certificates Annual Shariah report

See the suite in your colours.

A demo for your product, compliance and Shariah teams — modules, certificates and the integration path.

Request a demo